SPREADS Crush trades down to 78c/bu while oilshare trades down to 32.55%. Corn spreads narrow further with Dec/March trading into 9 1/4c from 10 1/4c. Dec19/Dec 20 corn trades from prices into 8c from 14 1/2c, closing at 12 1/2c. Nov/Jan beans trade from 14c out to 14 3/4c while Jan/March trades out to 10 3/4c from 8 3/4c. Meal spreads weaken with Dec/March trading out to $6.00 from $5.60. Dec/March wheat trades from 5 1/4c to 6c. PALM OIL Asian palm oil prices fell in early trading with the market looking for the release of Malaysia export estimates Tuesday for a clearer picture of demand. Report last week said this about palm oil: • MPOB provided a carryout that was at...
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.