SPREADS March crush trades to 98c/bu while oilshare is at 36.52%. July/Dec corn trades from 2c to 2 1/2c, while March/May narrows into 6 3/4c from 7c. July/Nov beans trades from 1 1/2c to 3 1/2c, settling in the middle this morning at 2 1/4c. March/May wheat trades from 3c to 3 1/2c. March wheat/corn trades from 1.71 1/4c down to 1.69 1/2c. PALM OIL March closed 72 ringgits higher. Ahead of Malaysian Palm Oil Board data to be released on Jan 10, analysts are expecting Dec. production at 1.34 mmt, down 13% from Nov. Dec ending stocks are estimated at 2.06 mmt, down 8.5% from Nov, and at their lowest level since 2017. Exports of palm oil for Dec. are forecast around 1.3 mmt, which would be 5...
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.