GOOD MORNING, Prices begin the morning higher across the board. Bean prices chopped everyone up on Wed., breaking hard on virus concerns, and then rallying hard on Chinese business rumors. Nearby spreads remain extremely firm, indicating that export biz is probably being transacted, and that China is continuing to secure late fall /early winter needs. During testimony on Capitol Hill, US Trade Rep. Lighthizer said Chinese officials have affirmed their commitment to live up to their obligations. In terms of the virus, China cancelled several flights and shut down schools while blocking off some neighborhoods in an effort to stem the spread. Funds remain extremely short corn to the tune of a possibl...
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.