SPREADS August crush trades to 79c/bu while oilshare trades to 46.43%. Today is the last day of the Goldman Roll as July futures wind down. July/Nov bean inverse trades to 84 3/4c but finds some life, trading back up to 96c. Jly/Dec meal widens out to new lows at $12.20 carry from $11.00. July/Dec corn hits a low of 82 1/2c for the morning with 88 1/2c highs. Sep/Dec corn trades from an inverse of 21 1/4c to 23 1/4c. Dec wheat/corn trades from 90c to 82 3/4c. PALM OIL August closed down 180 ringgits, setting the stage for a CBOT wash-out. Rapeseed is lower as well, trading down $25.00. NEWS Stocks are up 100 pts, crude oil trades to $70.80/barrel, and the US dollar trades high...
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.