GOOD MORNING, Prices are mixed overnight with grains weaker vs. firmer soy complex values. Soyoil tracks a lower Asian palm oil trade, as the market enters into a correction phase. Beans remain firm vs. corn as farmers try to head into the fields to begin planting. Since Feb. there has been a drop in open interest in the grains, suggesting funds are participating less. Uncertainty over Chinese demand weighs on prices, despite tight supplies. Corn continues to see support from chatter that China has been in the market. While the markets bend, they do not break. Would consider beans the leader now and corn the follower heading into the March 31 Planting Intentions report. Soyoil should stay fi...
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.