SPREADS Sep crush trades to 86.26c/bu while oilshare trades at 32.73%. Nearby corn spreads firm with July/Dec trading back into 12c from 12 3/4c, while July/Sep trdes from 4 1/4c to 5c. July/Nov beans narrows into 6 1/2c from 7 1/2c. July wheat/corn trades from 1.74c down to 1.71 3/4c. PALM OIL Sep up 66 ringgits. China/India could stock up in case there is a second wave of the virus. NEWS Stocks are up 930 pts with crude oil prices trading up to $38.68/barrel, and the US dollar falling to 96.43. The rally started after the announcement by Jerome Powell that expanded liquidity in the US would take place. CALLS Calls today are as follows: beans: 2 1/2-4 higher m...
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.