SPREADS Jan crush trades to 1.13c/bu while oilshare rises to 32.19%. The Goldman Roll is over which firms the Dec/March corn spread back into 9 1/2c from 10c. Dec/Dec corn inverse weakens to 5 1/4c from 8c. Dec/March wheat trades from 7 1/4c carry to 8 1/2c. Dec wheat/corn trades from 1.77c to 1.81 1/4c. Dec/March meal trades from $3.80 to $3.00 inverse. Jan/March beans trade out to 3/4c carry from 1/4c. PALM OIL Feb. palm oil down 18 ringgits at 3,281/mt NEWS Stocks are up over 400 pts as global markets rally on vaccine news. Reports that Moderna has developed a vaccine that is 94% effective is seen as more good news to combat the coronavirus. CALLS Calls are as follows: b...
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.