GOOD MORNING, Prices were mostly higher overnight taking back losses from Thursday's holiday shortened session. Funds are still holding long positions across the board, and were rewarded for their patience via the bullish USDA report. Weather is not bullish, as warm and dry conditions were good for warming up soils in preparation for planting. The market continues to digest the numbers from March 31, with acreage the most bullish component for new crop. Inverses continue to head lower as old crop prices remain locked in previous ranges, while new crop corn and beans score new contract highs last week. Inverses continue to weaken as new business to China continues quiet, and Brazil beans are much more in...
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.