General Comments There was no letup in the selling pressures across the soy complex when markets opened Sunday evening. The selling in soybeans spread over to corn and wheat as well, but not to the same extent as in the soy complex. Fund liquidation following the markets' reversals last Friday has speculative longs on the run. There was some talk that hedge funds started liquidating long commodity positions last Friday to avoid the conversion of swaps to outright futures positions because of a provision in the Dodd-Frank legislation. We can't confirm if that was happening or not, but fund selling in volume has been the largest negative market factor.There was also weakness in some of the outside markets with crude oil dropping $1.50-2...
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.