SPREADS March crush trades to 1.03c/bu while oilshare trades higher to 35.59%. Spreads are firmer with July/Dec corn narrowing into 1 1/2c from 2 1/4c. March/May corn trades into 5 1/2c from 6c. March wheat/corn trades to 2.00c from 1.92c as wheat futures rally. March/May wheat climbs to a 1 1/2c inverse. March/May meal trades from $4.50 to $4.70. PALM OIL Expectations of lower palm oil production and ideas that India will lower its crude palm oil import taxed pushed palm oil futures to close up 3%. Malaysian cash offers were up $17.50/mt. NEWS The stock market is higher today, up 50 pts, with crude oil sitting on recent lows of $57.67/barrel, and the US dollar trading down to 97.48.&nbs...
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.