CBOT trade was slow and mixed for most of Tuesday, with a slight uptick in commercial pricing interest supporting corn, soybean, and SRW wheat values. Funds are thought to have been modest net buyers of corn and soybeans. Yesterday’s Crop Progress report highlighted the raw efficiency with which farmers can plant crops and reduced any concerns that were related to a late planting. Farmers are taking no chances after last year’s disastrous planting season and are entering fields at any and every opportunity. Discussions for a free trade deal between the U.S. and the UK are back on the calendar and accelerating. Trade negotiators from both countries announced they will hold virtual talks with some 30 different groups. Both...
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.