The upward thrust of grain and soy futures prices continued overnight as did the upsurge in trading volume. Also continuing was the downward trend of the U.S. dollar, which again helped support grain and soy prices throughout much of the session. Fresh comments today from Treasury Secretary Mnuchin in Davos kept up the pressure on it. More or less repeating his remarks from yesterday, he was quoted saying that the Trump administration was not concerned by the weakness of the U.S. dollar. President Trump later said that it should get stronger along with the U.S. economy, which then sent the U.S Dollar Index spiraling higher. Soybean futures prices firmed even more during the first few hours of the day session. At one point, March soybeans t...
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.