General Comments Overnight trading in corn and soybeans saw prices move higher while wheat traded on both sides without much direction. The day session found corn and soybeans trading both sides before settling mostly lower while the wheat market spent most of the day session trading red numbered prices before closing down 6-7 cents for CME SRW and mostly 3-4 cents down for KC HRW. Wheat's closes were about half-way between the daily highs and lows. Day session volume was moderate.There are now just two full trading days left before USDA's August WASDE is released at noon next Monday, 12 August, and it is looming large. With crops well behind normal maturity for early August, there is some question as to whether USDA's August corn and...
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...