SPREADS Dec crush trades to 88.99c/bu while oilshare trades to 34.91%. Dec/Dec corn trades from 16 1/2c back out to 18 3/4c. Dec/March corn trades from 8 3/4c to 9 1/4c. Nov/Jan bean spread trades from 3 3/4c to 4 1/2c. Dec/March meal from $1.10 out to $2.00. Dec wheat/corn trades from 1.74 1/4c down to 1.67 1/4c. PALM OIL Nov up 67 ringgits, ending at 2,976 ringgits/mt. Malaysia's palm oil exports for Sep. rose 12% vs. August. NEWS Stocks are 375 pts lower with crude back below $40/barrel to a low of $39.42/barrel. The US dollar trades up to 93.59. CALLS Calls are as follows: beans: 3-5 lower meal: 1.50-1.70 lower soyoil: 15-18 lower corn: 2 -2 1...
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.
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...