GOOD MORNING, Prices are mixed as we come to the month's end with profit-taking on one end and commercial pricing activity on breaks of size. Oilshare continues to firm, and soyoil trades to new contract highs along with nearby corn bullspreads. Corn gains on beans given export sales and a further probable reduction in carry-out. The corn/bean ratio now stands at 2.58:1. Bean harvest should continue to accelerate in Brazil, bringing more pressure to the market, which could be why the market is resisting traveling over $14.00 for now. So far, harvesting delays in Brazil may continue throughout Feb, with one research group calling for conditions to normalize in March. It is estimated that Bra...
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.