General Comments Markets were higher overnight and into this morning, but the overnight gains were softened early this morning when prices dropped back to unchanged to slightly higher. That started to change again right at the open outcry opening when another significant round of buying hit the markets and took prices higher. There was noticeable fund buying in corn and soybean futures and short covering in the wheat markets. Last week the talk was that funds were getting out of commodities and into equities. Today the talk was that funds were backing away from equity markets that are now at record high levels and pushing at least some money back into commodities. Cash markets are strong across the board. Corn is simply very hard to fi...
Yesterday, Alberta held a referendum on whether to begin the process toward independence from Canada. With more than one million votes counted as of early Tuesday morning, around 77 percent supported remaining in Canada, and 23 percent voted to start the process of separation, according to unof...
Mediterranean/Middle East/North Africa/Africa – MEA Region Pakistan’s smaller wheat farmers have been holding protests to complain about the lack of a support price for wheat and the potential expansion of GMO crop production. They also want the reinstatement of PASSCO, the governme...
What You Need to Know Today: Harvest pressure in the U.S. sent corn and soybeans lower as supplies increased and there were signs USDA’s upward revisions to yields in the October WASDE could be close to right. The conflict between Russia and Ukraine escalated over the weekend, with Ukrai...
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.