General Comments Grain and soy futures markets generally tapered down today to end a choppy up-and-down week with spurts of heavy trading volume interspersed with periods when volume levels were quite low. Our impression is that it was another wild week. However, looking back at this week's actual price action, this week does not particularly stand out. For example, soybean futures traded in a range of about 65 cents this week, which is only a couple of cents more than last week's range. Corn futures traded in roughly a 35-cent range this week, which is actually well below their 42- to 44-cent range last week. Likewise, wheat prices worked in about a 35-cent range this week compared with about a 30-cent range last week. Viewed this way,...
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.