General Comments The overnight session for grain and soy futures began with some follow through strength, but prices turned and drifted lower as additional precipitation was forecast for Argentina this week. In true weather market fashion, prospects for Argentine rain pressed corn prices despite some favorable signals from the outside, particularly from equity markets. Yesterday's favorable 4th quarter GDP results from China have given a boost to Asian financial markets. The hope is that now China will ease back bank reserve requirements and interest rates in the next few weeks. Asian stock markets rallied today.The frontal system passing northward through Argentina has slowed which is raising the rain potential...
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.