Note: There will be no Technical Perspectives reports on Friday, 22 May. GOOD MORNING, Prices continue to drive into trading range territory as the markets ponder all positives and negatives. For wheat, the down-move was set technically after the May WASDE report showed ample global supplies. Narrow that down, and some of those supplies are being reduced as drought crosses Europe and the Black Sea. French and German wheat crops are getting smaller. Russia's SovEcon lowered production last week, and condition ratings continue to deteriorate. The rally off the wheat lows was also likely due to uncovered buyers who decided to get something covered up. The Kansas City wheat tour, which lasts 3 days,...
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.