The CBOT was mostly higher with short covering, bargain buying, and end-user pricing supporting futures. China has resumed its normal new-crop purchase of U.S. soybeans, and that underpinned the soy complex on Monday. Weekend rains were mostly favorable for the U.S. summer crop-growing region, except for isolated flooding and, of course, persistent dryness in the West and northern Plains. Brazil is still struggling with drought and as of last night, frost/freeze risks as well. The U.S. and Brazilian weather issues helped put a bid under the CBOT and sparked a new contract high in spring wheat futures. Traders are preparing for Wednesday’s Acreage and Grain Stocks reports from USDA, both of which often hold significant surprises...
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.
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...