GOOD MORNING, Prices are lower again on technical considerations as beans trend lower following a still weaker soyoil market. Funds were sellers of 16k bean contracts yesterday and 22,000 soyoil, while purchasing 5,000 meal. Rumors and stories are now trending bearish, with the most recent being that China is pushing trading firms to get out of length in commodity markets to curb inflation. Truth or not, it's tough to tell. This morning's headlines include reports that China will issue new rules on the management of price indexes for commodities and services, as they continue to attempt to battle inflation. The measure will take place Aug 1, and will standardize how price indexes are compiled and improve transparenc...
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.