General Comments Overnight trade in grains and the soy complex was mixed in terms of price action, although trading volume held up well in the face of a dearth of market-moving news. Options on November soybeans expire tomorrow (Friday), and this might provide some price direction. The market is focusing on the $15.70 strike price as something as a target. After the gains earlier this week, prices during the day session generally turned lower in response to export sales volumes that, except for wheat, were lower than expected.During a period when shifts in fundamental inputs are limited, the market tends to search out something to trade on. Today, it was concern that ever-long index funds would liquidate their grain and soy positions by...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
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.