Soybean futures traded both sides of unchanged until the last hour or so of the session when they turned decidedly higher. Meanwhile, corn was weak overnight as well as today. General Comments Markets followed the pattern that has transpired over much of the last few weeks. Soybeans were up in the night session, while corn and wheat were lower. That same pattern held throughout most of today's session with soybean futures trading both sides of unchanged. Soybeans rallied in the last hour of trading, which brought corn and wheat futures well off their lows.There was no fresh news or export sales announcement today. USDA will release its production updates as well as supply and demand revisions Monday. Most are looking for increases in corn...
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.