The market is having trouble accepting the fact that last Friday's USDA corn numbers might have signaled a change in the corn outlook.The market's reaction to last Friday's USDA reports has been interesting to watch. Analysts have been overwhelmingly bearish since early last fall. They have obviously been on the right track as corn and wheat prices have plummeted in the face of a sharp increase in corn supplies and a record world wheat crop. Soybean prices have also weakened, but have been reluctant to collapse in the face of record demand from China. It is corn, though, that really sets the longer-term price standard, and the market is having trouble accepting the fact that last Friday's USDA corn numbers might have signaled a change in th...
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.