THE OPEN July beans: 19 higher July meal: 1.40 higher July soyoil: 99 higher July corn: 1 higher July wheat: 5 lower The markets opened as called but bean prices traded sharply higher and into new contract highs into the morning trade along with soyoil. Grains labored with weaker wheat prices, while oilshare traded higher. The sharp rally in the bean complex before the release of the numbers had some perplexed, given that nothing much had changed from yesterday to today, except the technical trade which offered up a decisive break-out on the upside. End-user panic buying seemed to be part of the scenario in beans as values continued to rally. At 11:00, here is what the USDA had to...
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.