THE OPEN Jan beans: 9 1/4 higher Jan meal: .40 higher Jan soy oil: 60 higher March corn: 1 1/2 higher March wheat: 9 lower The markets opened as called but steeper losses in wheat created a general sell-off from morning highs. The major feature of the morning was higher oilshare, which benefited from a strike in Argentina by the Oil Workers Union as general demand for soyoil remains high. A lack of business announcements and deeper losses in wheat extended the December theme of choppy trade. At 10:00 export inspections were released as follows: Beans: 2,368,781 mt vs. 2,585,871 mt week ago (and vs. an expected 2,350,000 mt) Corn: 886,938 mt vs. 753,005 m...
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.
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...