GOOD MORNING, Prices continue to establish lower trading ranges with soyoil once again the leader to the upside. It is typical that markets will follow the crop progress reports carefully in terms of technical trade, and with corn hitting a fast pace the chatter about larger acreage becomes a connected item. Funds are liquidating more length ahead of the three-day weekend, as weather continues to appear non-threatening. July contract liquidation, higher acreage, good weather, weak technicals converge to trigger a rush to the exit in front of the three-day weekend. Issues: Beans: Favorable US weather and China buying activity slow, as their margins are in the red right now. Brazil bean premi...
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.