One would expect trade to calm down the day following a major USDA report. That was certainly the case to an extreme with today's market. General Comments Overnight grain and soy futures trading saw a modest price boost as a reaction to yesterday's post-report decline. However, trading volume was quite low, and we would be hard-pressed to describe the slight recovery as a reversal. We say this even though markets managed to hang on to positive numbers at the close of the day session. Overall, prices traded in narrow ranges on both sides of Tuesday's closes in choppy fashion. Corn's trading range was only 5-6 cents. Wheat prices held in an 8 cent range or less, and even soybean prices traded narrowly in a 12 cent range that was only about...
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.