SPREADS August crush trades to 82.17c/bu while oilshare trades to 32.56%. July/Dec corn trades into 13c from 14c, while July/Sep trades from 3 3/4c out to 4 3/4c. July/Dec wheat trades from 11 3/4c out to 12 3/4c. Jul wheat/corn trades from 1.86c down to 1.84 3/4c. Jul/Nov beans trades from 6c-7c. July /Dec meal widens out to $9.90 from $9.50. PALM OIL August palm oil ends down 14 ringgits. Malaysia's FGV palm oil group forecast that China and India could return as active buyers for the last half of 2020 as the economy recovers. NEWS Stocks continue to rally, up 150 pts, while crude oil prices trades down to $31.14/barrel. The US dollar is weaker to 98.77. 2.123 mi...
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.