THE OPEN May beans: 3 higher May meal: 3.80 higher May Soyoil: 2 lower May corn: 1 1/2 lower May wheat: 9 1/4 higher The market opened in line with trade expectations, as traders cleaned up positions into the weekend and report day next week. The markets were mixed at the open with soyoil turning into a two-sided trade, as profit-taking was noted for meal as well. Spreads in general saw a correction, as volumes are declining along with open interest as more traders move to the sidelines in the wake of the pandemic. For today, oilshare prices were steady/better as traders unwound prev. buy meal/sell soyoil trade. Prices were fairly subdued as a negative day of macro trade per...
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.