Corn futures started to falter when Canada's government made comments about forcing its railroads to move more grain and oilseeds. That helped push the oats market down the 20-cent limit and that seemed to drag corn lower as well. General Comments Corn and wheat markets exploded higher in the middle of the night, apparently on news that Russia plans to conduct air defense drills near the border with Ukraine. That pushed May corn above $5.00 and wheat futures 15-20 higher. The soy complex was also very strong, led again by old crop soybean futures. Trading volume today was very big in all three markets (wheat, corn and soybeans).Corn futures started to falter when Canada's government made comments about forcing its railroads to move more g...
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.