SPREADS October crush drops to 85.56c/bu while oilshare trades back over 35.0% to 35.20%. Dec/Dec corn trades from 27 3/4c out to 29 1/2c, but firmer than the 40c level around the August report. Sep/Dec corn trades from 13 1/2c back out to 14 1/4c. Sep/Nov beans trades from 5 1/4c to 6c, while NOv/Jan trades from 6 1/2c to 7c carry. Dec wheat/corn trades 1.82 1/2c. PALM OIL November up 30 ringgits. Cash offers for Sep RBD palm oil and olein trade up $2.50/mt higher at $700.00/mt and $702.50/mt. Though palm oil prices rose, Rabobank is cautioning that it expects lower demand in September due to rising prices of the commodity and higher inventory. NEWS Stocks are slightly lower,...
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.