General Comments Markets opened weak yesterday afternoon. That weakness continued to build throughout the night and accelerated at 9:30 a.m. when the open outcry session got underway. None of yesterday's buyers were visible today, and it is difficult to explain where they all went. There was no overriding bearish news overnight. Corn and wheat weekly export sales numbers this morning were less than expected. Soybean export sales were slightly smaller than expected at 500,000 MT. No export sales were announced this morning, although there continues to be talk that China bought more soybeans.Markets today simply might have been saying: Now that we have the October USDA reports behind us, we don't have much to look forward to that would pro...
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.