The CBOT bull market lives on with fresh news and more than enough speculative money to fuel the rally. WPI notes that managed money funds are increasingly long CBOT/CME futures and even fund managers who don’t typically trade in agriculture are taking positions to diversify portfolios. There have been several recent reports forecasting a broad commodity bull market for 2021 and 2022 and the extra attention on commodities is prompting a speculative response. Money flows are positive for CBOT trade, as is the fresh wave of South American production forecast cuts. Funds were net buyers today while U.S. and Brazilian farmer selling remains almost nonexistent. Funds are thought to have bought some 15,000 contracts of soybeans today...
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.