CBOT products bounced higher today as the Trump Administration confirmed it is backing away from new restrictions in investment and intellectual property purchase rights to be applied on China. The move is being interpreted as the Administration taking a softer tone to draw China back to the negotiating table. So far, China has issue no official reply but its actions of loosening bank lending restrictions and lowering the yuan signal the country is still bracing for a trade war. Ironically, the Chinese government’s practice of deciding the yuan exchange rate (rather than letting it float with the market) was a contentious point for Trump during his campaign. Crude oil futures are continuing their rally, sparked by prospe...
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.