GOOD MORNING, Prices are mostly higher this morning with corn returning as the weaker leg. Wheat is seeing a bounce courtesy of a weaker US dollar and a slight downgrade in winter wheat due to dryness in the Plains, as well as continuing dryness in parts of Europe. Corn is lower on continuing weak demand from the ethanol sector, as we hear from the EIA today. Corn futures on the Dalian exchange fell to the lowest level in nearly two months amid speculation of additional import quotas as the market awaits news on sales from state reserves. Beans are higher on rumors of Chinese business and inter-market spread activity. Soyoil futures are firmer today, but good commercial pricing activity for meal as...
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.