GOOD MORNING, Prices are on a back and fill mission, with trading ranges now being carved out from the top of the market. The key reversal in soyoil keeps prices on the defensive, while beans bounce back and forth in what could be a 20c -30c trading range. Traders want to see Chinese demand continue but the past few sessions have had fewer business announcements for beans. Corn announcements seem to have made little difference as prices work lower technically, but China has been on a buying spree and that is keeping pullbacks in check. Corn prices in China continue to soar as food inflation there has climbed to the highest in over a decade. China may have a shortfall in corn for 20/21 with traders looking at p...
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.