SPREADS March crush trades to 95.81c/bu while oilshare trades to 33.19%. Dec/March corn trades to 3 1/2c carry from 4c, while March/May trades from 2 1/4c to 3c carry. March wheat/corn trades back down to $1.50c from $1.53 3/4c. Jan/March beans trades from 1 3/4c to 2 1/2c carry, while the March/May meal inverse fall to $2.30 from $2.90. PALM OIL Feb. down 42 ringgits. The Dorab Ministry projected palm oil prices to reach 4,000 ring/mt in Jan if Malaysia extends its duty exemption in March, while La Nina still impacts SA crops. NEWS Equities are quiet this AM with the Dow off 66 pts. Crude trades down to $45.36/barrel while the US dollar trades to 91.23. CALLS Calls today ar...
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.