Bears were in control of the CBOT again on Monday with technical pressure and bearish fundamental headlines driving prices lower. Soybeans and wheat were the downside leaders for the day as funds accelerated their exit from long positions in these markets amid the chart weakness. Corn futures s...
EXPORT TAXES The government announced last week a permanent reduction in export taxes on major agricultural products. The revised rates are as follows: Soybeans: 26 percent to 24 percent Byproducts: 24.5 percent to 22.5 percent Wheat and barley: 9.5 percent to 7.5 percent Corn and sorghum: 9.5...
Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today. There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was...
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.