SPREADS Sep. crush trades to 74.39c/bu while oilshare is slightly firmer at 34.18%. Nearby bean spreads strengthen with August /Nov trading to new highs of 5 1/2c from 3 1/2c, with Sep/Nov trading from 1/2c to 1 1/2c carry. Sep/Dec meal trades from $4.80 out to $5.00. Sep/Dec corn is a tight 7 1/4c to 7 1/2c trade. Sep /Dec wheat trades from 4 3/4c to 5 1/2c. Sep wheat/corn trades from 2.07 3/4 down to 2.05c. PALM OIL October up 52 ringgits ending at 2,708 ringgits. Cash offers for August for RBD palm oil and olein were up $10/mt at $692.50/mt and $695.00/mt, respectively. NEWS Stocks were higher but now trades both sides of unchanged as initial claims for unemployment benefit...
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.