SPREADS Sep. crush was 1.14c/bu while oilshare traded 45.76%. August / Nov bean inverse jumps to 1.17c from 1.13c, while Sep/Nov inverse firms to 1.12 1/4c from 11c. Sep/Dec meal trades from $1.60 to $2.20 carry. Sep/Dec corn trades out to a 3 1/4c carry from what was an inverse. Dec/March corn trades from 7 3/4c carry to 8c. Sep/Dec wheat moves out to 14c as the roll continues from 12c. Dec wheat/corn trades from 1.74c to 1.77c. PALM OIL Closed for holiday. NEWS Stocks are trading 20 pts lower with crude oil at $68.05/barrel and the US dollar trading at 93.10. CALLS Calls are as follows: beans: 3-5 higher meal: 2.80-3.20 higher soyoil: 5-10 higher corn: 1 1/...
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.