The bull market roars on with corn, soybeans, soyoil, and soymeal all posting fresh contract highs today. Fund buying remains one of the biggest near-term factors driving the rally, but bulls have plenty of fundamental factors justifying the buying spree. The U.S. dollar is trading lower to the benefit of U.S. exporters and even the massive rallies in corn and soybeans have yet to appreciably slow demand for physical U.S. grain. The weather in Argentina and, to a lesser extent Brazil, remains concerning and companies are seemingly continually revising their production forecasts lower ahead of next week’s January WASDE. Open interest continues to rise for the major CBOT commodities, with yesterday’s volume report showing 1...
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.