GOOD MORNING, Prices continue to remain well bid with no reversal signals in sight. China continues to be around the market, Black Sea vegoil values are rising, and dryness in various parts of the world continue to add to worries over production. Funds continue to own the market in lieu of these concerns while better producer engagement has been noted as beans traveled over $10.00 and corn $3.70. Rumors continue that China has purchased more US beans, but noted they could be buying Brazil as well for Feb. shipment. WEATHER --The US is drier over the next 10 days, with some rains in the Delta and the Southeast from tropical storm Sally, which is forecast to turn into a hurricane this week. --Arge...
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.