General Comments Weather forecasts gain importance each day. Although corn planting progress across the Midwest has been impressive these last few days, the awaited rainy system is slated to move across the Dakotas and Minnesota starting tonight and slowly spread south and eastward thereafter. It will halt planting and dump enough rain that dry, warm conditions will be needed to dry things out. Fortunately, that is what is predicted following the rain. Some traders have been impressed with how quickly corn is being planted in Illinois, and from this they have interpolated national planting progress to be as high as 70 percent in USDA's next weekly crop condition report. We doubt it will be that high, especially since part of the Corn Bel...
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.