Grain and soy futures trade was subdued overnight with limited price action. After trading on both sides, corn and soybeans finished the overnight session up slightly, while wheat was slightly lower. The day session proved more exciting, however. General Comments U.S. banks and the federal government were closed for Veterans Day, but U.S. financial and commodity markets were open with the exception of interest rate futures. However, financial markets were generally quiet and little changed after trading both sides. The U.S. dollar index started out higher, although it ended lower. Crude oil started lower, but ended higher as the U.S. dollar declined. Stocks traded higher early, slumped during mid-session and then recovered to finish virtu...
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.