SPREADS May crush trades down to 59c/bu, while oilshare firms to 35.91%. Spreads recover with July/Dec corn trading from 70 1/4c up to 74 1/4c, and May/July trading from a 9c inverse to 9 1/2c. May/July wheat trades from 12 3/4c inverse down to 11 3/4c. July/Nov beans inverse trades from 1.64c up to 1.80 3/4c, while May/July trades 8 1/2c to 11 1/2c. Bull-spread liquidation still continues into first notice day on Friday. July/Dec meal trades from an inverse of $44.20 down to $39.00. PALM OIL May up 126 ringgits closing at 3,670 on talk of better than expected Feb. exports. NEWS Stocks are modestly higher up 14 pts with crude oil trading to new contract highs in April at $63.00/barrel. The Dow is up...
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.