Commodity markets were supported in general by the sinking U.S. dollar, which hit a six-month low today and has now given back its entire post-election rally. Wheat, especially KC, was the active leader among grain futures markets. General Comments Commodity markets were supported in general by the sinking U.S. dollar, which hit a six-month low today and has now given back its entire post-election rally. Among the most active commodities were coffee, cotton, gold, wheat and live cattle. Stoked by the growing political turbulence in Washington, financial markets stole the show, however. Besides the U.S. dollar’s decline, U.S. stocks also took a beating. The Dow was down more than 320 points by mid-afternoon, and the S&P 500 and NASDAQ...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
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.