SPREADS May crush trades 63.20c/bu while oilshare trades to 33.61% which seems to find some market stabilization. Spreads are also firmer with July/Dec trading up to 87 1/4c inverse from 83 3/4c, and May/July corn bounding back to 14c, close to contract highs of 14 1/4c. March/May wheat trades 2 1/4c to 2 3/4c carry. March wheat/corn trades to 89c from 92 3/4c. March/May beans trade from 4c inverse to 3 1/2c, while July/Nov trades from 1.88 1/2c up to 1.95 3/4c. July/Dec meal trades form $54.90 inverse to $57.60. PALM OIL April up 93 ringgits to close at 3,319 ringgit/mt. NEWS Stocks are up 56 pts with crude oil trading to new highs at $56.25/barrel, and the US dollar firming to 91.48. US weekl...
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.