GOOD MORNING, Prices closed on a firm note and extended gains once more overnight as funds now establish long positions across the board. November beans hop over the $10.00 mark to achieve a new contract high, and December corn breachedver the $3.70 level. Though the USDA did not lower corn and bean production/yield estimates as much as expected, traders are obviously looking for further reductions in the October report. On the bear side, corn production is still among the highest levels ever at 14.9 bln bu. On the bull side, bean ending stocks were 25% lower, and China demand continues to underpin prices. Strong palm oil prices and vegoil demand pushed December soyoil to new highs as well over 34c.  ...
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.