On Sunday night, the CBOT seemed set to dramatically extend last week’s rally with corn, wheat, and soybeans all gapping higher at the open in response to a more concerning Midwest weather pattern over the weekend. By the day’s close, however, wheat futures fell 30+ cents and pared gains in new crop corn and soybeans down to single digits. The only markets to post meaningful rallies for the day were the live and feeder cattle markets, where a combination of bullish near-tern fundamentals and technical buying spurred the markets higher. Weighing on grain and oilseed price action was the looming July WASDE, to be released at Noon Tuesday, and in which analysts are generally expecting larger ending stocks for U.S. corn, soybeans, a...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.