GOOD MORNING, New contract highs were placed in May soyoil, May canola, and Nov beans. The bean spread inverse leaks lower, while nearby corn spreads are steady. Prices were higher across the board in early PM session trading, but some of the markets trade both sides coming into the morning session. Major trends still remain higher on dry weather in Argentina and the prospect for more demand for Ag goods from China. This weekend, China's state council released a plan to state run media outlets called "The No. 1 document" and it said the gov. will work towards enhancing its ability to procure grain and other important ag products to ensure food security. Part of the plan is for all provinces to sub...
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.