SPREADS Sep. crush trades to 1.27c/bu while oilshare trades to 47.79%. August /Nov bean inverse rallies to 71c before giving up some of its gains. Rumors of export business continue, and is playing out in the spread strength? Sep/Nov inverse is trading from 9 1/2c to 8 1/2c. The Sep/Dec corn inverse trades to even, appearing ready to move to a carry. Dec/March corn trades from 7 1/2c to 7 3/4c. Sep/Dec wheat carry trades from 8 1/4c to 9c, and was at 10c lows this week. Dec wheat/corn trades from 1.50 1/2c, but appears on the doorstep from a chart perspective of adding further gains with an upside target at 1.80c. The Nov bean/Dec corn ratio suggests that beans should continue to gain o...
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.