SPREADS Jan crush weakens to 1.11c/bu while oilshare is firm at 32.0%. Corn spreads are mixed as Dec/March narrows back into 9 1/2c from 10c lows, with some buying interest after the Goldman Roll in comlete. Dec/Dec corn inverse trades from 6 1/2c down to 3 3/4c. Dec/March wheat trades from 8 3/4c carry to 9c. November beans expires at noon today, with the Nov/Jan spread having moved out to a 10 1/2c carry from what was an inverse. Weakness spills into Jan/March inverse values, which are firmer trading from 3/4c to 1c, also finding some buying interest at these lows. Dec/March meal trades from $4.70 inverse find interest at the low of $4.70 with trade up to $5.00. PALM OIL Palm oil closes slightly lowe...
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.