SPREADS August crush trades to 78c/bu while oilshare trades to 45.60%. July/Nov bean inverse drops to 1.43c from 1.49 1/4c, and from highs that were over 2.00c. Jul/Dec meal trades from a small inverse of $1.40 out to small carry. July/Dec corn trades from 95 1/4c to 92c. Spreads are seeing pressure as July contracts are slowly rolled forward or liquidated. Sep/Dec corn trades from 16 1/2c inverse to 15 1/4c. July wheat/corn trades from 7 1/4c to 13c. PALM OIL August down 27 ringgits, closing at 4,131 ringgit/mt. Indonesian authorities have yet to decide on whether to cut their crude palm oil (CPO) export levy as the levies remain at the highest for five months in a row, hurting deman...
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.