The CBOT started higher overnight but a huge selloff in stocks, energies, and other macro-markets crushed the rally after the day session began. Only wheat and cattle managed to post meaningful gains while corn and the soy complex posted significant losses. Traders have been whipsawed by the recent CBOT volatility and are now waiting for clear fundamental developments before committing to one side or the other. U.S. and South American farmers are keeping sales minimal amid uncertain weather outlooks, which is contributing to market volatility. Today’s CBOT selloff was primarily driven by weak macro-markets, but technical conditions deteriorated today and that could create sustained selling this week. Managed money funds were ne...
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.