THE OPEN May beans: 3 higher May meal: .60 lower May soyoil; 61 higher May corn: 3/4 lower May wheat: 4 1/2 lower The market opened as called with the feature of the day that of lower wheat trade. Buy beans and corn/sell wheat continued throughout the morning. Soyoil futures continued to gain on meal supporting oilshare on the hopes that China would need to buy more vegoils. Political tensions between India seem to have also eased as of late. The spike-higher trade in palm set the tone for firmer soyoil values early in the session, and more fund buying. The latest news from Argentina, according to AgriCensus, is that the Agriculture Ministry confirmed it will inc...
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...