SPREADS May crush trades to new lows at 61c/bu while oilshare trades to new highs at 36.10%. July/Dec corn trades from 72c to 73 3/4c, while May/July inverse trades down to 9 1/2c from 10c. May/July wheat trades from an inverse high of 15c down to 12 1/4c. July wheat/corn trades from 1.10c to 1.15c. July/Nov beans trades from 1.73 1/4c to 1.80 1/2c, digesting recent gains. July/Dec meal inverse trade from $43.00 to $40.60. PALM OIL Reverses out of a new contract high to settle lower on the day. NEWS The Dow is up 30 pts with crude trading to $62.51/barrel, and the US dollar at 89.89 trade. CALLS Calls are as follows: beans: 11-14 higher meal: 4.00-4.50 higher soyoil...
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.