The markets started the day mixed with soybeans higher on rumors of Chinese purchases, corn and soyoil lower, and wheat futures moving higher. Minneapolis wheat continues to show amazing strength that has had a moderately supportive effect on SRW wheat as well. The weather remains broadly favorable for crops in the coming week with above-average temperatures for the Corn Belt and above average precipitation for the western Corn Belt. Unfortunately, Montana and eastern North Dakota will also receive abnormally high rain fall that will likely delay the spring wheat harvest further. The 8-14-day forecasts shows cooler temperatures entering the northern Rockies/northern Plains/Upper Midwest starting in October, though the bulk of the Cor...
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.