Corn, soybean and wheat futures markets continued in full retreat today to start the fourth consecutive week of lower prices. All of this bearishness has left farmers in the lurch, but the next remaining hope for a bullish reversal would seem to be related to an event that started today.Corn, soybean and wheat futures markets continued in full retreat today to start the fourth consecutive week of lower prices. The abrupt change in short- and long-term weather forecasts in late July from hot and dry to cool and wet started the initial downward push. The August set of USDA reports was the next bearish market factor that drove funds out of most long positions and encouraged them to again build short positions. The poor technical chart patterns...
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.