GOOD MORNING, Prices started the night on the defensive, with wheat at trading range lows and other markets in recent ranges. Wheat is lower as world values are trending weaker, and Egypt continues to state that its strategic reserves are enough to last through the end of June. Egypt also states that they have 4 months coverage of vegoil supply. Nonetheless, soyoil futures are higher again, with oilshare firming to start the week. Beans are mixed as South American weather is more cooperative over the last few weeks, bringing more confidence that crop production will stabilize from here. Brazil's Safras Mercado forecast the soy harvest pace at 59.5% vs. 45.7% week ago, but that is lagging year ago by 8.9%. The...
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.