General Comments News from Greece was bearish last Friday and at least somewhat bullish over the weekend. The Greek Parliament did approve the austerity measures demanded by the EU, and Athens was on fire much of the weekend as a result. The EU will officially decide Wednesday whether or not to extend the next bailout package to Greece. It is assumed that the bailout will get done. World financial markets were strong because of the news. Crude oil led commodities higher as well and the dollar lost ground to the euro.There is a delegation from China visiting the U.S. this week, and it is likely some export sales trade agreements for soybeans will be signed this week.The Globex crude oil futures were suspended because of technical tradin...
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.
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...