THE OPEN November beans: 12 higher December meal: 4.30 higher December soyoil: 33 higher December corn: 5 1/4 higher December wheat: 3 higher Prices opened higher as called with wheat prices turning mixed during the session. Hotter and drier forecasts put a solid spin to prices, which kept prices well supported throughout the session. Chatter of more business for corn and beans also added to a strong market trade. New buying mingled with short-covering for corn, while wheat prices were mostly ignored. More hedging was noted as prices moved into new highs, though current strength could also find some in a more patient mode to sell. Export inspections were delayed.&...
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.