GOOD MORNING, The digestion of the Jan. WASDE report continues. The report was bullish so markets continue in rationing mode. The markets closed sharply higher, limit -up in corn, and with large gains elsewhere. Typically, major surprises and reactions continue for the next trading session or two. Calls this morning are mixed, with meal prices trading both sides. Corn continues to gain on beans and wheat, having the most surprising elements of the report. Beans: The report was friendly for beans, but the markets have already been on an upside trajectory. Some of the more salient items include the fact that the lowest ending stocks for beans was just 92 mln bu in 2012/13, and it came at...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
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.