General Comments Corn, soybean and wheat futures started a bit higher in the Sunday evening session but faded by morning and finished lower. Today's session opened much weaker than expected with wheat showing double-digit losses in Chicago, and corn and soybeans 7-8 lower. It was a relatively quiet day in terms of any fresh market news. Trading volume was also moderate with small fund selling in wheat, corn and soybeans. Weekly export inspections were all smaller than the range of estimates. It was also raining across the eastern side of the southern plains and those rains will move into the southeastern Corn Belt later today. There were only a few minor rally attempts, but none were sustainable. The selling accelerated into the close,...
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.