SPREADS March crush falls to 92.93c/bu while oilshare trades to 33.14%. Corn spreads are part of the bull market price action, with July/Dec trading into new contract highs of 55c from 47 3/4c, and prices that were congesting around 30c inverse. March/May corn slips into a 1c inverse. March/May wheat trades into 1 3/4c carry from 3 1/4c. March/May corn trades from 1.58 1/4c to 1.51c. Jan/March bean spread trades to a 5c inverse from 3 3/4c, and from a carry. March/May beans trades to a 6 1/4c inverse from 3 1/4c. March/May meal trades from a new high at $8.00 inverse to $5.50. PALM OIL Palm oil closed at a new contract high last Thursday at 3,600 ringgits and trades up 124 pts this Am...
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.