GOOD MORNING, The markets continue to adjust into Friday's WASDE report, which is typically not a market maker. Prices are mostly firm this morning proceeding still with an air of caution. On the bear side for beans are China's crushing margins, which are weaker, and slows demand for SA beans. Brazil's bean prices remain at a deep discount vs. US. Countering that are strong US processor bids for crush, with domestic bean basis firmer. What to expect from the April WASDE due out at 11:00 central time on Friday? Expectations of tighter ending stocks for 20/21 support May bean futures. Bean futures continue to also take a cue from firm soyoil trade. Beans are supported by soyo...
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.