The CBOT traded mostly higher on Tuesday with the soy complex leading the way. Overnight gains in palm oil and yesterday’s new contract high in soyoil paved the way for stronger soy trade, a trend which was only amplified by the NOPA report. Wheat and corn traded slightly higher, but the feature of the day was spread trade with buy wheat/sell corn trade developing. Funds remain long, unwilling to give up profitable positions or get short with the two-week Brazilian forecast remaining dry. Russian Prime Minister Mishustin signed a decree overnight that will seek to stabilize Russian food prices. Notably, the signed decree includes the proposed wheat export TRQ system WPI discussed yesterday. The decree dictates a $30/MT tax will...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
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.