GOOD MORNING, Volatility continues to play out in the macro markets as uncertainty leads the Fed to implement an emergency meeting to lower rates, one of only 4 or so in history, the last being the 2008 financial crisis. The weaker US dollar and Fed rate cuts remains a positive behind the rising Ag prices. Funds purchased 7K contracts of beans, 4K meal, and 2K soyoil on Tuesday, in a day that closed out in constructive chart terms. We are getting "follow-through" today (Wednesday) in the soy complex, mixed so far in grains. Soyoil is the star of the morning, sharply higher on the back of palm oil prices. In terms of new business, South Korea stepped in to buy US wheat as the price dropped and a weaker...
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.