SPREADS May crush moves down to the lowest point so far at 81c/bu, while oilshare weakens to 33.55%. July/Dec corn remains a 2c-2 3/4c carry, while March/May firms into 3 1/2c from 4 1/2c. July/Nov beans trades into 10 3/4c from 11 1/2c. May wheat/corn trades at 157 3/4c. March/May wheat inverse trades from 1 1/2c to 2 1/2c. PALM OIL May palm ended 17 ringgits lower. Top economic officials from Indonesia said the gov. is considering increasing their palm oil export taxes in a bid to help support and expand domestic biodiesel production and consumption. Indian refiners of edible oils urged the gov. to stop issuing import licenses for palm-olein to help avoid a crash in domestic p...
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.