SPREADS August crush trades to 84.94c/bu while oilshare is firm at 32.78%. The front month roll continues, with July/Dec corn firming into 13 1/2c from 14c, and July/Sep trading from 4 1/4c to 4 3/4c. July/Nov bean trades from 13c to 13 3/4c, while July/Dec meal spreads remain a wide $9.50 to $9.90. July/Dec wheat trades out to 16c from 15 1/4. July wheat/corn trades from 1.79 3/4c to 1.76 1/4c. PALM OIL Palm oil closed up 1.7%. Analysts are expecting Malaysian palm oil production for May 2020 around 1.705 mmt, and exports at 1.323 mln mt. The data will be released by the Malaysian Palm Oil board on Wed. Palm oil ending stocks are at 2.247 mln mt, and if realized would be 10% higher t...
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.