THE OPEN Nov beans: 8 higher Dec meal: steady Dec soyoil: 70 pts higher Dec corn: 1 higher Dec wheat: 4 higher The markets opened as expected with the major feature being that of spread activity. Traders bought oilshare, (bot soyoil/sold meal), as it was perceived to be overdone from last Friday's break. Traders also bought wheat/sold corn, as seasonally corn tends to be weaker this time of the year. Beans split the middle between weaker meal vs. higher soyoil futures. At 10:00 export inspections were released as follows: corn: 724,784 mt vs. 781,528 mt week ago beans: 214,061 mt vs. 277,686 mt week ago wheat: 657,854 mt vs. 560,640 mt week ago Inspections we...
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.