SPREADS Dec crush trades at 90.81c/bu while oilshare hits a high of 33.60 percent. Spreads are slightly weaker with Dec/March corn trading into 12c from 12 1/2c. Dec 19/Dec 20 corn trades from 36 1/4c out to 38 3/4c. Nov/Jan beans trades from 13 1/2c to 13 3/4c. Dec wheat / corn trades from 1.12c to 1.15c. Dec/March meal trades from $5.00 to $5.20 carry. PALM OIL Malaysian palm cash offers for RBD palm oil traded +7.50/mt higher at $545.00/mt. NEWS Stocks are lower, down 68 pts with crude oil prices staying over $60/barrel to a high trade at $62.59/barrel. The US dollar weakens to 98.54. CALLS Calls today are lower across the board: beans: 6-8 lower meal: 1.80-2.00 lower...
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.