SPREADS May crush trades to 1.03c/bu while oilshare trades down to 34.36%. Spreads are a touch wider with July/Dec corn trading back out to 2c from 1/4c carry and March/Dec trading out to 12 1/2c from 10 1/2c. July/Nov beans widen back out to 9 3/4c from 8 1/4c. March wheat/corn trades from 1.78c down to 1.73 1/4c. March/May meal trades a fairly tight $4.30 to $4.50 carry. PALM OIL Down 65 ringgits ending at 2,648 / mt NEWS Equities are lower down 200 pts as concerns intensify over the spread of the coronavirus. Crude trades down to $51.95/barrel with the US dollar down to 97.84. CALLS Calls today are as follows: beans: 6-9 lower meal: 80-1.00 lower soyoil: 40-50 lo...
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.