SPREADS Jan crush trades to 1.29c/bu while oilshare firms to 31.38% from recent lows closer to 30.0%. Dec/March corn trades into even from 1 1/2c carry, while Dec/Dec trades up to 25 3/4c inverse from 23 3/4c, and what was at one point a 40c carry during the summer. Dec/March wheat trades into 1/2c to 3/4c carry. Dec wheat/corn trades from 2.07c down to 206c. Jan/March bean inverse trades from 14 3/4c to 13 1/2c. Dec/March meal trades from $19.70 inverse to $18.50. November bean open interest falls to 132,361 vs. January at 361,789. PALM OIL Jan palm oil closed up 127 ringgits, underpinning soyoil futures today. Intertek forecast Malaysian palm oil exports over the Oct. 1-25 period at 1.398...
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.