Although grain and soy futures prices are very low, in some cases at or near multi-month or multi-year lows, the technical profile across the entire market still remains bearish. Funds are rebuilding their short wheat positions and establishing new short positions in corn. General Comments After yesterday's weakness, there was some expectation that grain and soy futures markets might perform a "Turnaround Tuesday" on Wednesday, and that is the way markets started out in the overnight session. The mini-rally in corn and wheat began to sputter, however, and prices of the grains gradually sank back into the red once more. The U.S. Dollar Index was higher again, although today's gain added only modestly to its recovery from its recent correct...
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.