THE OPEN March beans: 11 lower March meal: 2.20 lower March soyoil: 81 lower March corn: 6 3/4 lower March wheat: 10 1/2 lower The markets opened lower as called as a risk-off day proceeded to add weight to prices across the board. Funds sold into commercial pricing activity as trading range lows were tested in corn, beans, and meal. Oilshare continued to head lower on a continuation of weak chart patterns and energies. Beans fought for acreage today with traders taking profits on recent buy corn/sell bean trade, with the new crop bean/corn ratio at 2.35%. At 10:00 export inspections are as follows: wheat: 223,994 mt vs. 516,309 mt week ago beans: 1,038,840 mt vs. 1,206,14...
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.