South American Corn Empty For Spot Shipments Argentine origin is running out of export licenses so most of the local players are out of the market. Due to this, premiums are heating up with August offers and September shipment at +90CU. There were some trades at +95CU for September on Monday, although the market later dropped some cents.Brazilian corn is also empty for the spot shipment. The August shipment programs are overdone. Corn is available but the limitation is port logistics. Something similar occurs for September when it is almost impossible to get load throughput in the first half of the month although there is availability for the remainder of the month. Scarce offers are indicated at +55CU for the last half of September.Th...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.