The CBOT saw distinctly mixed trade with price action being largely determined by one of two factors: either bullishness from Ukraine’s attack on interior Russia or bearishness from favorable weather in South America. Based solely upon that statement, you can probably figure out which markets did what. If you guess that wheat was higher on the Black Sea “war risk” and corn and the soy complex fell on South American weather, you’d be exactly right. It now looks like these two factors will be the primary drivers of near-term price action, with exports, of course, playing their seasonally critical role in determining corn and soybean markets’ direction.Outside markets were mixed with U.S. stocks seeing strength in the tech sector and weakness...
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...
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.