General Comments Late yesterday the CME withdrew its 22-hour trading day proposal. Instead, it substituted a new proposal for a 21-hour trading day with electronic trading to begin at 5:00 p.m. CDT and run through 2:00 p.m. CDT. The previous proposal called for the trading day to run from 6:00 p.m. to 4:00 p.m. CDT. Increasing the market's daily down time from two hours to three hours may not seem like a major change, but it has earned the National Grain and Feed Association's (NGFA) endorsement. Previously, NGFA questioned 22-hour trading as not giving elevators and cash grain merchants enough time to bridge between two trading days without significant additional costs.The revised proposal will go into effect on 4 June, giving CFTC the...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
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.