CBOT markets were largely firmer today with grains leading the way higher. Wheat futures posted double-digit gains as severe cold will cover the winter wheat growing region this week. The soy complex lacked direction but traded slightly higher at midday ahead of President Trump’s speech at the Economic Club of New York this afternoon. The President’s address noted, among other things, that the U.S. and China are close to signing a “phase one” trade deal, though further details were lacking. President Trump also reaffirmed his view that China has taken advantage of the U.S. through its WTO status as a developing nation. Trump also said the Federal Reserve’s interest rate increases were “too fast” an...
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.