SPREADS Volumes remain heavy in spread trade as March contracts move forward. March/May corn traded over 100,000 times on the second day of the Goldman Rolls. May crush trades to 98c/bu while oilshare trades at 34.20 percent. Corn spreads are weaker with July/Dec trading to 3 ¼ cents from 2 ½. March/Dec corn trades from 11 ½ to 12 ¼ cents. July/Nov beans trades into 8 cents from 8 ¾, and values that were wider a few days ago. March/May meal trades from $5.50 to $5.70. PALM OIL Down 61 ringgits and cash off $10.00/MT. NEWS Stocks are 100 pts higher with commodity prices stabilizing further with crude back over $50/barrel to $50.62/barrel. Gold prices are lower Calls today are as foll...
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.