General Comments When a federal judge threw out CFTC's arduously constructed new regulations setting position limits for commodity futures markets on 28 September -- about two weeks before the regulations were to go into effect -- the action obviously surprised CFTC's commissioners and staff. The judge faulted CFTC for assuming that Congress mandated position limits under Dodd-Frank, and for not demonstrating that position limits are necessary to diminish or eliminate excessive speculation as the precise language of the legislation requires. He handed the matter back to CFTC for further consideration. Now the commissioners appear on the verge of deciding to appeal the court's decision. A decision by CFTC to appeal is expected shortly. Me...
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.