THE OPEN March beans: 5 higher Mach meal: 1.00 higher March sooil: 6 higher March corn: 3/4 lower March wheat: 6 higher Prices opened as expected with a late corn sale reported by the USDA for 101,600 mt of corn sold to unknown for 20/21. Early trades included more profit-taking on recent buy corn/sell wheat spreads, as well as buy soyoil/sell meal. Market longs appear to be lightening up on corn and soyoil positions a bit. The Lunar New Year for China is from Feb. 12 - 17, which could have found more buying activity into that time-frame. Farm Futures released their estimates for spring acres for 2021 which is based on a survey ot 806 farmers during the month of January: US sprin...
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.