SPREADS August crush trades to 94c/bu while oilshare trades to 45.38%. Jul/Nov bean inverse trades from 89c from 1.03c, while Sep/Dec meal carry trades from $3.00 out to $4.20. July/Dec corn trends higher to 98 1/2c from 91 1/4c, while Sep/Dec weakens to 17c from 19 1/4c. Dec wheat/corn trades from 1.03 3/4c to 96. Dec/March wheat trades from 6 1/2c carry to 6 3/4c. PALM OIL Sep. palm oil down 144 ringgit lower. Indian's gov. announced they would keep their palm oil and soyoil base import prices steady. The base import price is used to calculate the amount of tax importers pay. NEWS Stocks are down 30 pts as the market awaits the outcome of the two-day Fed meeting, to see if a more hawkis...
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.