SPREADS March crush trades to 93.18c/bu while oilshare trades back over 33.0% to 33.22%. Spreads firm this AM with Jan/March beans trading into 4 1/2c carry from 5c. Jan/March meal carry trades from $2.20 to $2.50. Dec/March corn trades into 1c from 2 1/2c, as there are still no deliveries. July/Dec corn inverse trades up to 18 1/4c from 17c. March wheat/corn trades from 1.72c down to 1.63 3/4c, and vs. lows at 1.50c. PALM OIL Feb. palm closes up 47 ringgits, up 1.8%. Malaysian Palm Oil Board data for Nov. pegged oil ending stocks at 1.56 mmt, down 0.6% from month ago. Palm exports in Nov. were down 22.2% to 1.30 mmt from Oct. Production in Nov was estimated at 1.49 ml n mt, dow...
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.