The CBOT was sharply lower for the day with corn and soyoil breaking technical support levels while soybeans pulled back but maintained their recent trading range(s). Wheat futures were 40+ cents lower but still only marked inside days on their charts – a testament to the strength and volatility of recent trade. There was little change in commodity market fundamentals on Wednesday, but the aggressive selling was precipitated by a macro-market selloff. U.S. stocks and related markets were sharply lower after multiple companies reported inflation issues in quarterly earnings calls. The U.S.’ inflation bill is starting to come due, and markets are realizing just how big the payment will be. Outside markets are likely to be volatile...
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.