SPREADS Spreads were firming yesterday with the Goldman Roll this week. Dec/March corn trades into 9 1/4c from 9 3/4c. Dec 19/Dec 20 corn trades from 1 3/4c inverse to 3 1/2c. Sep/Nov beans trades to 12 1/2c from 13. October crush trades at 1.08c/bu while oilshare firms to 32.26%. PALM OIL Sep closed 28 ringgits higher NEWS Stocks are higher up 80 pts as prices continue to correct off the hard break this week. Gold is lower against a firmer energy market, while the US dollar trades down to 97.42. REPORTS Export sales: beans: 18/19 net 101,700 and 19/20 net 318,300 mt (vs. an expected 100-650 neutral) meal: 18/19 net 92,200 and 19/20 net 18,600 mt (...
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.