USDA’s June WASDE to be released today is not expected to provide much excitement. The new U.S. corn and soybean crops have been seeded in a timely manner with corn planting essentially finished and soybeans nearly so. USDA/NASS have little reason to change their May projections on yield or acreage in the June WASDE. The” final” planted acreage estimates are due at the end of this month, and they will be incorporated in the July WASDE. USDA’s supply/demand estimates will no doubt see some slight jiggling. U.S. soybean exports and the use of corn for ethanol in 2019/20 should both be lowered, and this would lead to increases in ending stocks. Grain and soy market watchers will be interested to see USDA&rs...
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.