SPREADS May crush trades to 71c/bu while oilshare trades strongly back over 37.0% to close at 37.10%. July/Nov bean inverse trades from 1.73 1/4c down to 1.67 1/4c, while May/July inverts to 14c from 12 3/4c. July/Dec meal inverse trades from $40.50 up to $41.60. July/Dec corn inverse is weaker, trading down to 62 3/4c from 67 1/4c. July wheat/corn trades from 1.15 1/2c to 1.18 1/4c. PALM OIL May up 50 ringgits. Prices were higher in early Asian trading on oil's higher close in Chicago and positive trade on the Dalian Exchange. Weak exports and rising production could curtail a higher trending market. AmSpec released Feb. 2021 exports estimates at 1.000 mmt, down 8.2% from Jan. NEWS...
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.