SPREADS March crush trades to 98.55c/bu while oilshare trades to 33.0%. Jul/Dec corn inverse trades to 21 3/4c, new highs from 19 1/2c. March/July corn trades from 2c to 2 1/2c carry. Jan/March beans trades around even, with March/May trading to a small inverse of 3/4c from 1/2c. March wheat/corn trades from 1.80 1/2c to 1.76c. PALM OIL March palm oil closes up 65 ringgits, up 1 1/2% to 10-year highs, and new contract highs. NEWS Stocks are trading slightly higher as the US dollar trades to 90.03 on profit-taking. Crude trades up to $48.69/barrel. CALLS Calls are as follows: beans: 10-12 higher meal: 2.20-2.50 higher soyoil: 3-5 higher corn: 1/2-1 higher wheat: 1-2 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.