SPREADS Jan crush trades to 1.27c/bu while oilshare trades higher to 31.81%. December futures continue to roll forward or liquidate. December corn open interest now stands at 544,948 ctrs vs. March at 573,174 ctrc. Volumes for the Dec/March spread are extremely large as the Goldman Roll continues. On Friday, Dec. open interest was down 37,770 while March was up 37,401 ctrs. Dec/March corn trades out to 7c from 6 3/4c. Dec/Dec corn firms to 12 1/4c from 8 3/4c. Nov/Jan beans trades out to 4 1/4c carry from 3c, with Nov. expiration on the 13th. Jan/March bean inverse weakened to 1c from 2 3/4c, and values that were as high as 29c. Dec/March meal inverse trades from $10.00 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.