SPREADS October crush trades slightly lower at 1.05c/bu while oilshare corrects lower again down to 32 percent. Buy meal/sell soyoil appears to be the trade of choice. Good export sales in meal and more positive chart formations could keep the trend moving along. Dec/March corn narrows into 10 1/2c from 11c, while Dec 19/Dec 20 trades into 29c from 31c, and lows that were 37 1/2c. Dec wheat/corn trades from 1.02 1/2 down to 99 1/4c. PALM OIL October cash offers for palm lower down $2.50. NEWS The stock market trades sharply higher up 250 points, building on gains from yesterday. Crude oil trades to $56.43/barrel, and the US dollar firms to 98.32. REPORTS Export s...
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.