We firmly believe that taking a complete break from markets and related topics is a healthy thing -- at least for us. That is what we did for the last few days. We were away and so isolated that we could not even follow the NCAA tournament bracket. We do not claim that an absence from markets and everything else involved with them makes us any smarter or more insightful; but, it does offer the chance for a fresh perspective. Upon our return and re-emersion into the day-to-day stuff that can affect markets, we were struck by the following.Regarding futures markets:The March WASDE was certainly a non-event in terms of market direction. USDA may have cut its estimates of South American soybean production a bit more than expected, at le...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.