SPREADS May crush trades to 71c/bu while oilshare trades strongly back over 37.0% to close at 37.10%. July/Nov bean inverse trades from 1.73 1/4c down to 1.67 1/4c, while May/July inverts to 14c from 12 3/4c. July/Dec meal inverse trades from $40.50 up to $41.60. July/Dec corn inverse is weaker, trading down to 62 3/4c from 67 1/4c. July wheat/corn trades from 1.15 1/2c to 1.18 1/4c. PALM OIL May up 50 ringgits. Prices were higher in early Asian trading on oil's higher close in Chicago and positive trade on the Dalian Exchange. Weak exports and rising production could curtail a higher trending market. AmSpec released Feb. 2021 exports estimates at 1.000 mmt, down 8.2% from Jan. NEWS...
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.