General Comments Iran has been a constant topic in the news lately. The imposition of the latest set of sanctions against the country is a stepped-up effort to discourage it from pursing nuclear weapons capacity. Iran has responded by threatening to close the Straits of Hormuz to all shipping. The crude oil market has jumped $11-12 in the last two weeks or so out of fear of a serious disruption of crude oil shipments. The sanctions are intended to limit Iran's ability to sell its crude oil and disrupt the Iranian central bank's ability to pay for all kinds of imports.The wheat market awoke this morning to a different sort of headline concerning Iran. USDA reported the sale of two cargoes -- 120,000 MT -- of U.S. HRW to Iran for shipment...
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.