The CBOT was mixed again as the central U.S. weather forecast improves. Corn and soybeans traded lower for the day with soybeans posting larger losses as the ongoing collapse of soymeal weighs on the complex. Conversely, stronger energy and palm oil values helped soyoil rally for the day. Wheat futures continue to find support from hot, dry weather forecasts for the PNW and northern Plains that will cut U.S. supplies significantly this year. Funds were net sellers in soymeal and soybeans, flat corn, and modest net buyers in wheat. The coming week will offer meaningful precipitation for the Corn Belt, especially Iowa where rains are badly needed. Notably, however, the PNW remains bone dry while North Dakota and northern Minnesota are...
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.