SPREADS August crush trades up to 1.04c/bu while oilshare trades up to 46.0%. July/Nov bean spread inverse falls to 79 1/2c from 90c while August /Nov inverse trades from 48 1/2c to 42 1/4c. Sep/Dec meal carry trades weaker from $3.50 out to $4.50. Sep/Dec corn trades inverse trades from 14 1/4c up to 16 3/4c and could strengthen more. July/Dec corn trades up to 1.35 1/2c from 1.28 3/4c. Dec /March wheat trades from 6 1/4c out to 6 1/2c. Dec wheat/corn trades from 1.34 1/2c up to 1.39c. PALM OIL Sep. down 21 ringgits ending at 3,424 ringgit/mt. The Malaysian Palm Oil Council forecast over the next three months for prices to range from 3,500 to 3,800 ringgit/mt. They noted...
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.