GOOD MORNING, Prices continue to chop back and forth, as the focus now remains squarely on South American production. In the background, corn and beans will square off in front of a new 2021 planting season. Which crop needs to be planted the most, according to demand and stocks? The bean/corn price ratio stands at a benign 2:57:1, suggesting that bean supplies are too low. While beans suffer from a lack of current upside trend direction and biz, corn trade seems to be at the mercy of wheat direction. Wheat prices chop back and forth in a wide range, rallying hard into last Friday and collapsing Monday. Wheat prices fell Monday following lower Russian values, as producers rush to sell their crop before...
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.