GOOD MORNING, Prices are set for turn-around Tuesday as we open into the green except for meal. May contracts continue to liquidate as we enter day 4 of the Goldman Roll. Oilshare finds new life overnight, and beans actually firm against corn for a change. December corn continues firm, technically sound and remaining close to ctr highs. Being close to ctr highs usually speaks to new ones, and Dec. corn remains well bid. Corn cash markets remain firm, with South Dakota's basis hot, a premium to Iowa, Neb., and Minn. Funds remain long an estimated 4K wheat, 380K corn, 134K beans, 59K meal, and 65K soyoil. Beans remain rangebound on less Chinese demand, lower Brazilian premium, and a bit of a h...
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.
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...