GOOD MORNING, Prices continue higher as funds buy the market and influence beans, corn, meal, and soyoil into new contract highs. Funds were buyers yesterday of 11K contracts of wheat, 25K corn, 30K beans, 8K meal, and 12K soyoil. Looks like today is day 2 of much the same. Bulls have several news headlines from which to feast, from the ongoing problematic weather and lower production, to the threat by Argentine farmers to strike in the wake of Argentina's decision to close their corn export registry until March. That means less hedge pressure from the SA farmer, along with continued tight holding from the US farmer. Matif corn and wheat futures are at new contract highs. There were a...
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.
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...