General Comments With the NYSE open and East Coast banks and funds back in operation, grain and soy futures markets seemed to spark up not only in terms of higher prices, but also in terms of trading volume. Prices started out firm in the overnight electronic session, and they maintained and/or gained strength throughout. That carried over into the day session in which wheat, corn and soybeans each put in a solid performance. Funds were noticeably more active today than had been the case during the last two sessions. And today funds were buyers across the board. We doubt that the fact that today is Halloween had anything to do with it. Funds remain holders of substantial long positions in corn and soybeans, and today is the end of the mo...
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.