Today it was wheat's turn to lead the rally, and it did so in style. All three wheat markets spent most of the day session preening with double-digit gains. General Comments Today it was wheat's turn to lead the rally, and it did so in style. All three wheat markets spent most of the day session preening with double-digit gains. December Chicago wheat closed up 14.75 cents, while deferred contracts were up around 13 cents. MGE spring wheat finished about 13 cents higher, and KC HRW contracts gained mostly 12-14 cents. At session highs, Chicago wheat was up 18 cents, and KC wheat was up as much as 20 cents.The two-day dive of the U.S. dollar is being given as the reason for the 20 cent-plus rally in wheat futures prices this week, and no d...
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.