SPREADS August crush trades to 1.13c/bu while oilshare trades to 46.54%. Jul/Nov bean inverse sits at 46 1/4c to 49 3/4c, while August/Nov firms to 28 1/4c from 27 1/4c. Sep/Dec meal trades into $1.80 carry from $2.40. Jul/Dec corn inverts to ctr highf of 1.50c from 1.41c, while Sep/Dec trades from 13 1/4c down to 10 3/4c. Dec/March wheat trades from 7c to 7 1/2c carry. Dec wheat/corn trades from 1.08 3/4c to 1.11 1/2c. PALM OIL Sep. up 44 ringgits to close at 3,597. India's gov. moved to lower crude oil import tax to 10% from 15% for the next 3 months. Intertek forecast exports for June at 1.519 mmt, up 7.1% from their 1.418 mmt est. at the end of May. NEWS The stock market is lowe...
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.