THE OPEN July beans: 1 1/2 lower July meal: .80 lower July soyoil: 29 lower July corn: 3/4 lower July wheat: 3 lower Prices opened with profit-taking in oilshare and short-covering in corn as the major feature of trade. Prices were choppy heading into the report with wheat and soyoil futures on the defensive. Selling ideas continue to remain over the market, as the producer seems to wait for still higher prices before selling further. Post report, Ags turned mixed again seeming to see weakness from spill-over from falling macro markets. At 11:00 the report was as follows: USDA Reports Flash 06/11 11:24 U.S. ENDING STOCKS (Million Bushels) 2019-20 &nb...
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.