SPREADS Nov/Jan beans narrows into new highs of 9 1/2c with Cargill stopping all bean receipts delivered. Jan/March beans firm into 12 1/4c from 12 1/2c. Dec/March corn trades into 8 1/4c while Dec 19/Dec 20 widens back out to 25c from 23 3/4c. Jan crush firms to 90c/bu while oilshare trades down to 34.07%. Dec/March wheat trades into 4 1/2c from 4 3/4c, while Dec wheat/corn trades at 1.35 1/2c. PALM OIL January closes up 51 ringgits at 2,579 ringgit/mt. Soyoil futures are seeing support from palm oil's strong performance, giving a boost to oilshare. NEWS The Dow is mixed at the start of the session, trading both sides of even. Crude oil trades down to $56.07/barrel, while the US dollar trades...
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...