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feed-grains soy-oilseeds wheat

Market Commentary

CBOT markets were called to open lower on a mix of profit taking and lack of fundamental news, and futures responded accordingly. The CBOT was weaker through most of the day amid some testing of support levels, unwinding of spreads (particularly wheat/corn and soymeal/soyoil), and, of course, profit taking. Still, the soy complex finished higher amid strong basis levels and rising crush margins while wheat continued to show its strength and posted a sixth straight higher close.  Livestock futures, particularly cattle, continue to rally as beef demand strengthens and as concerns about plants shutting down due to coronavirus impacts abate. One of the market’s chief concerns has been that if a packing plant employee tested positive...

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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.

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