SPREADS August crush trades to 70.19c/bu while oilshare trades back below 32.0% to 31.99%. Spreads narrow with July/Dec futures trading into 12 1/4c from 13c, while July/Sep trades from 4 1/4c to 4 3/4c. July/Nov beans narrows into 6 1/4c from 8 1/2c. July/Dec meal trades into $8.60 from $9.40. September corn open interest is now 488,477 contracts., with Dec coming in at a close second at 435,625 contracts. November bean open interest now stands at 283,650 cts vs. July at 193,374 contracts. Sep. wheat open interest is now 157,80 contracts vs July at 102,083 contracts. PALM OIL August down 41 ringgits and cash offers for RBD palm and olein down $12.50/mt and $597.50/mt, respectively. &n...
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.