Overnight trading in grain and soy futures was quiet and mixed. Grains were slightly weaker, while late buying brought soybeans modestly higher. Trade during the day session was also subdued. General Comments Russia made it official. It is embargoing imports of agricultural products and foodstuffs for one year from all of the countries that have imposed sanctions against it over the Ukrainian situation. These include the U.S., EU, Norway, Canada and Australia. The banned products include meats, poultry, fish, fruits, vegetables and dairy products. Wine and spirits are not included. Poultry is the largest U.S. agricultural export to Russia followed by soybeans. Reportedly, Russian importers are already seeking to buy beef and poultry produ...
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.