GOOD MORNING, Prices are mixed featuring higher soy and corn, lower wheat. Could it be a foreshadowing of themes to come for the day? The June WASDE will be released at 11:00 central time, and after we take a look at the numbers we will be back to watching the weather and preparing for the more dominant June 30 Stocks/Acreage report. Traders are looking for more friendly corn numbers, and neutral wheat/beans. Talk of higher 20/21 corn demand offers good support, and feed demand remains firm. Beans chop sideways with more liquidation ahead of the report, and lower basis levels and index fund rolls adding weight to prices. Soyoil prices recovered per usual after breaking back in the July contr...
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.