SPREADS October crush trades to 63.09c/bu while oilshare sits just under 35.0% at 34.48%. Nov/Jan bean spread firms into 3 12c from 4c as the bull market continues. Dec/March meal trades into $1.60 from $1.90. Dec/Dec corn narrows into 20 1/2c from 22 3/4c, and values that started the week at 27c. Dec/March wheat trades into 8 3/4c from 9 1/4c. Dec wheat/corn trades from 1.84 1/4c down to 1.81 1/4c. PALM OIL Nov. down 3 ringgits. Palm oil imports for August to India were off nearly 14% in YOY terms to 734,351 mt due in part to a slow return in demand from the food service industry. August soyoil imports fell 10.4% YOY to 394,735 mt. NEWS Stocks are higher, up 90 pts, with crude oil still strugg...
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...