GOOD MORNING, Prices are mostly higher this morning with corn returning as the weaker leg. Wheat is seeing a bounce courtesy of a weaker US dollar and a slight downgrade in winter wheat due to dryness in the Plains, as well as continuing dryness in parts of Europe. Corn is lower on continuing weak demand from the ethanol sector, as we hear from the EIA today. Corn futures on the Dalian exchange fell to the lowest level in nearly two months amid speculation of additional import quotas as the market awaits news on sales from state reserves. Beans are higher on rumors of Chinese business and inter-market spread activity. Soyoil futures are firmer today, but good commercial pricing activity for meal as...
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...