SPREADS May crush falls to 63.46c/bu while oilshare falls to 33.58%. Inverses are weaker with May/July corn trading to 10 1/4c from 11 1/2c, and July/Dec down to 81c from 85c. May/July wheat inverse trades from 15 3/4c to 13 3/4c. March wheat/corn trades from 1.03 3/4c down to 95c. July/Nov beans trade from 1.85c down to 1.79 1/4c, while March/May trades from 4c to 3 1/4c. PALM OIL April down 162 ringgits to 3,229 ringgit/mt. Traders report that the sharp fall was on news that India would hike an import duty. NEWS Stocks are down 22 pts in quiet trade with crude oil trading to new highs at $55.36/barrel, while the US dollar trades up to 91.30. ADP reported the December total job los...
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.