General Comments Markets started the Sunday evening session slightly lower. That was expected following Friday's massive sell-off in soybeans and corn. The tone of the soy complex was markedly different today. The August contract was very strong all day while the November contract traded both sides. Corn and wheat futures were weak all day.There was some supportive news, but it just didn't have any impact on the corn and wheat markets. USDA announced that China had purchased another 120,000 MT of U.S. corn. China's second quarter GDP grew at a 7.5 percent rate. That was where the market was hoping it would be although there were fears it would be lower. The dollar index was slightly higher as was crude oil.Weather is and will remain th...
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.