SPREADS Dec oilshare trades to 87.59c/bu while oilshare trends down to 32.77 percent. Corn spreads widen today with Dec/March trading back out to 12c from values that had narrowed into 10 3/4c. Dec 19/Dec 20 corn trades from 29 3/4c to 31c. Dec/March wheat trades closes into 6c from 6 1/2c. Dec wheat/corn trades from 1.07 1/2c to 1.11c. Dec/March meal widens back out to $5.30 from values that had narrowed into $4.60. Jan/March beans trades from 11 1/2c out to 12 3/4c, while Nov/Jan widens out to new lows at 14 1/2c. PALM OIL Nov. up 23 ringgits and cash offers up $5.00/mt. India edible industry officials suggested that increased import tax on palm oil could prompt domestic...
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.