During the past several years we have occasionally discussed the grouping together of different commodities such as crude oil, corn, copper, softs, etc. into a single trading instrument, or to use a popular term, an "asset class." This has been a relatively new concept that really began in the 1990s (we consider that relatively new), and expanded greatly during the last decade. The concept was promoted by those trying to sell investors on participation in index funds. But it really gained credence when prominent financial institutions and investment entities such as hedge funds, pension funds, foundations and university endowments began to add commodities to their portfolios to diversify the scope of their investments.&n...
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.