SPREADS July crush trades to 75.17c/bu while oilshare trades to 31.25%. Corn spreads weaken this AM with July /Dec trading back out to 16 1/2c from 15 3/4c. July /Dec wheat trades from 13c to 13 3/4c. July/Dec meal trades from $5.60 out to $5.90. July wheat/corn trades from 1.97 3/4c down to 1.93 3/4c. PALM OIL June cash offers were down $5/mt at $510.00/mt and $512.50/mt, respectively. The Malaysian Palm Oil Board reported stockpiles climbed 18% to 2.05 mln tons from 1.73 mln tons a month ago, which is the highest level since November. Production surged 18% to 1.65 mln tons. NEWS Stocks are up 114 pts with crude oil trading to $25.64/barrel. The US dollar trades down to 99.78...
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.