Overnight markets were mixed to just slightly higher. Weather beyond this weekend across the country looks warmer and dry, and that is exactly what the crops need. General Comments Overnight markets were mixed to just slightly higher, but wheat still can’t find a buyer. That pattern carried through at this morning’s opening. Soybeans traded both sides, corn was slightly lower early and wheat was down 6-7 cents. USDA did announce fresh corn (116,000 MT) and soybean (131,000 MT) export sales this morning to unknown destinations. There was some scattered frost across northern and far western North Dakota overnight, and there is a frost/freeze advisory for the same region tonight. Weather beyond this weekend across the country looks warmer an...
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.