GOOD MORNING, Welcome to first notice day, and the last day of the month. Traders may choose to take profits today, as the bull has had a great run for the month of August courtesy of rains that did not show up at the same time China has stepped up its buying pace. The bull market continues as demand is good, and the 7-day forecast is mostly dry after disappointing weekend rains. The markets ended on a mostly bullish note Friday and quickly tacked on Sunday night gains. Beans, corn, meal, and wheat traded into new market highs on good turnover. Crop condition ratings will be lower in today’s 3:00 PM USDA report. Wheat prices gather strength from strong technical price action, and spillover s...
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.