The CBOT finished mostly higher for the day with the soyoil contract posting the only declines of the major ag products. Soybeans and soymeal both ended higher in consolidative trade with the March soybean contract seeming to form a bullish pennant formation on its chart. The February WASDE report is the market’s nearly sole focus right now and traders are positioning for deep cuts to the South American soybean and corn crops. Wheat markets do not hold the same clearly bullish outlook that corn and soybeans do, but it’s notable that CBOT, KCBT, and Matif markets all rallied from key technical support points Thursday and Friday. That suggests the market may be turning more bullish and could be an indicator of emerging bullish sen...
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.