SPREADS October crush trades at 1.09c/bu while oilshare is slightly weaker at 2.78 percent. Dec/March corn trades from 12 1/4c to 12 1/2c, while Dec 19/20 corn narrows into 27 1/4c from 30 1/2c, and values that were at 34c a week ago. Nov/Jan beans trades from 13 3/4c out to 14c carry. Dec wheat/corn trades from 96 1/4c to 95 1/4c. Sep/Dec wheat trades from 6 1/4c out to 7 1/4c, while Dec/March trades from 7c to 7 1/4c. PALM OIL October closed up 19 ringgits. Indonesian palm producers are concerned about drought impacting their crop. Drought has hit a large part of the islands as a mild El Nino affects the weather pattern. Palm prices are up 10 percent since July. NEWS Stocks were h...
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.