SPREADS Goldman roll continues with the Jan/March bean spread continuing to capitulate trading out to 5 1/4c from 4 1/2c. Dec/March corn remains narrow with a 3 1/4c to 3 3/4c spread trade, as there are no Dec. deliveries. March wheat/corn trades from 1.51 1/2c to 1.50c. March/May meal inverse loses strength trading down to 0.70c from $1.30. March crush trades down to 92c/bu while oilshare trades to 32.88%. PALM OIL Feb. down 31 ringgits/mt. Despite higher palm oil export tariffs announced a week ago, an Indonesian oil minister said they expect 2021 palm oil exports to reach 36.0 mmt, vs. 32.0 mmt in 2020. NEWS The stock market is down 105 pts with crude oil trading down to $45.14/barrel. The U...
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.