Yesterday’s comments from President Trump about potential payroll tax cuts and other forms of financial relief for hourly wage earners sparked an optimistic outlook for stock futures and the overnight CBOT trade. CBOT grains were higher at the close of the overnight session with soybeans, wheat, and corn all posting sizeable gains. U.S. stock futures pointed to a higher open and that forecast was correct. Trading today was largely conducted with an air of cautious optimism in most markets. After the open, CBOT markets found support from continued short covering ahead of the noon WASDE report. Some of yesterday’s bull wheat/corn spreads were reversed and corn traded higher against wheat for most of the day. Notably, after...
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.