General Comments The overnight session for grains and the soy complex traded quietly but in fair volume on both sides of unchanged. It seemed as though the corn and soy markets were consolidating and attempting to rationalize themselves after the string of recent losses. Some price direction was uncovered during the day session, however, and after some sputtering, markets worked higher. The leaders were wheat, for which a somewhat bullish case can be made, and August soybeans which posted double-digit gains as some level of bullish enthusiasm for old crop soybeans returned.As expected, no deliveries of soybeans or soymeal were posted on the first intention day for August deliveries. Soyoil deliveries were 846 lots which is a smaller vo...
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.