SPREADS Oct. crush trades to 65.40c/bu while oil share trades to 34.79%. Dec/Dec corn trades from 22c out to 26 1/4c, while Dec/March trades from 9 3/4c to 10 1/2c. Dec wheat/corn trades from 1.83c to 1.90c. Nov/Jan beans trades into 5c from 6c. Dec/March meal trades from $1.40 out to $2.30. PALM OIL Nov up 66 ringgits with cash offers up $10/mt. NEWS Macro markets are risk off as crude oil falls to $36.96/barrel, and the US dollar strengthens to 93.42. The stock market is off 232 pts. CALLS Calls are as follows: beans: 4-6 lower meal: 3.30-3.60 lower soyoil: 10-15 higher corn: 1/2-1 lower wheat: 5-7 lower canola: .50-.60 higher BUSINESS...
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.