GOOD MORNING, Prices are mixed this morning with firmer grains vs. weaker beans and meal. Beans continue to find a lack of buying interest with tensions between China and the US growing. China has been purchasing Brazilian bean cargoes this week into the fall. Corn continues firm as funds are short an estimated 275K and a week or two of hot and dry is forecast, with ethanol stats pointing to a modest recovery yesterday. Trump will announce new policies on China today which seems to have most of the markets on hold, including equities which are slightly lower. Currencies are a slightly supportive factor for the bean market right now, as the Brazilian Real corrects against the US dollar, shutting off SA sales. ...
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.