SPREADS May crush trades to 96.30c/bu while oilshare firms back over 32.0% to 32.18%. March/May beans trades back out to 12 1/4c from 10 1/2c on deliveries. July/Nov trades back out to 7 1/2c from 6 1/4c. Jul/Dec corn trades into 1 1/2c from 2 1/4c. PALM OIL May crude oil up 57 ringgits, and cash up $10/mt. NEWS Equities continue to recover with stocks up 170 pts on ideas that the Fed will have to cut interest rates this month. Crude oil hits a high trade at $48.66/barrel, and the US dollar is firmer after dropping to 97.36. CALLS Calls today are as follows: beans: 1 1/2-2 higher meal: 90-1.00 lower soyoil: 30-35 higher corn: 3 -3 1/2 higher wheat: 1/2-1 higher c...
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.