Last night’s session produced a story similar to that told by overnight trade of grain and soy futures for much of the last few weeks – mixed price action, limited price movement and low trading volume. Corn and soybeans were 1-2 cents lower, while wheat managed to hang onto a small gain of a penny or so. When the day session began, however, macro factors began to weigh in and provide a level of influence on markets that was missing during the overnight session. In short, fears of a potential economic slowdown in the U.S. to echo the slowing economies of Europe and China began to weigh more heavily on asset prices. One source of the fear is the inversion of U.S. Treasury bond interest rates. The yield curve for Treasury notes h...
From WPI Consulting
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.