SPREADS August crush falls to 80.14c/bu while oilshare trades to 32.45%. July/Dec corn firms into 14 1/4c from 15 1/4c while July/Sep trades from 5 1/4c to 5 3/4c. July/Nov beans trades from 10 1/4c to 12c. July/Dec meal trades from $9.90 out to $10.20. July wheat/corn trades from 1.82 1/2c down to 1.76 1/2c. PALM OIL August up 19 ringgits, and 0.8% higher in the night session. NEWS Global equities are lower while US stocks are now down over 900 pts. Crude oil falls to $36.58/barrel while the US dollar trades to 96.49. CALLS Calls are as follows: beans: 2-3 lower meal: 80-1.00 lower soyoil: 30-35 lower corn: 1/2-1 lower wheat: 2 1/2-3 1/2 lower canola...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.