SPREADS Oct. crush trades to 92.58c/bu while oilshare trades to 34.90%. Sep/Dec corn spreads remain extremely active with large volumes. Sep/Dec corn trades into a new contract low of 15c, while Dec/March trades out to 12 3/4c to 12 1/2c. Have to go back to early June to see spreads trade this weak. Dec/Dec corn trades out to 35 3/4c. Sep/Nov bean trades into 1 1/2c from 2 1/4c, while Nov/Jan trades from 6c to 6 1/2c carry. Dec wheat/corn trades from 1.83 1/4c down to 1.77 1/2c. PALM OIL Oct. up 28 ringgits, up 1.8%. Indonesia's finance ministry stated they may increase palm oil export taxes in the future, as a means to support the country's biodiesel program. Taxes collected on...
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.
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...