SPREADS Sep. crush trades to 81.84c/bu while oilshare trades to 34.15%. Sep/Dec corn widens out to new lows at 11c from 10 1/2c. August/Nov beans trades down to 6c inverse from recent highs at 11c. Sep/Nov beans trades to a 1 1/2c carry from 3/4c. The Sep wheat/corn spread trades from 2.15 1/2c down to 2.09 3/4c. Sep/Dec meal trades from $5.40 to $5.80. PALM OIL Oct. up 33 ringgits. Indonesia's ambitious biodiesel plans come back on track which is net positive for palm. NEWS Stocks are down 300 pts as the economy continues to struggle in lieu of Covid cases. Crude oil slides back to $40.16/barrel while the US dollar weakens to 93.27. CALLS Calls today are a...
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.