SPREADS Jan. crush trades higher to 1.34c/bu while oilshare trades to 30.84%. Look for higher crush values to underpin meal, while weaker energies should keep oilshare values trending weaker. Heavier than expected bean deliveries are weaker for spreads, with Nov/Jan beans trading out to 4 1/4c carry from 1 1/4c, and prices that were at an inverse. Jan/March beans inverse breaks down to 6c from 8c. Dec/March meal trades from $20.10 high to $17.60 inverse. Dec/Dec corn trades down to 9c from 11c, and an inverse that had been over 20c week ago. Dec/March corn trades out to a 5c carry from 4 1/4c. Dec wheat/corn trades from 2.01 3/4c down to 1.97 1/2c. PALM OIL Jan. down 32 ringgits...
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.