GOOD MORNING, Welcome to what appears to be grains and soy attempting to fulfill a "turn-around Tuesday" mission after they reached contract lows in many cases. Corn did post another new contract low this morning even as prices near major benchmarks. Poor ethanol margins, and improved competition from South America could hurt corn exports moving forward, as prices trend lower. Beans have been beaten up the worst in its affiliation with the Chinese stock market and lack of buying interest/exports. South American currency weakness continues to allow farmers to hedge their crop at a more advantageous exchange rate, and they are selling well ahead of a year ago. Yesterday, the relationship between the US dol...
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.