The Closing Bell Wrap-Up has finally returned from traveling the past few weeks. And what an exciting few weeks it has been. Trump and China started playing nice, then abandoned the strategy in favor of pursuing an “easy to win” trade war. Nobody has won yet but the markets are losing. Corn, wheat, and soybean futures have collapsed spectacularly under the threat of the trade war. Corn, soybeans, and wheat closed higher today as bulls capitalized on sharply oversold technical conditions, bottom-picking, and a sense that the selloff is overdone. Wheat still has bullish fundamentals, as does corn to a lesser extent, and soybeans will find it tough to justify new contract lows after yesterday’s performance. The outcom...
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.