General Comments Once again, traders had nothing new to go on during the overnight session other than the ability of yesterday's market to defend its recent trading ranges. That seemed enough to prompt a little technical buying that kept grain and soy prices in the green. The day session opened mixed, but additional buying by technical funds led to something of a rally across the board with trading volume noticeably better than in recent days.Soybeans were the market's leader on reports of additional Chinese purchases of U.S. soybeans along with less than favorable weather in Argentina and Southern Brazil that raises early questions about the two countries' abilities to produce the record-large soybean crops that USDA and some others are...
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.
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...