The CME announced that trading volume in its agricultural products set a record of about 2.857 million contracts yesterday. The day session today did not reach yesterday's madhouse levels, but a great deal of price volatility remained.Please note that the CME market will be closed for the 4th of July holiday weekend beginning at 1 p.m. (EDT) tomorrow (2 July) until the opening of the Sunday night session. General Comments The CME announced that trading volume in its agricultural products set a record of about 2.857 million contracts yesterday. Leading the way were the combined futures and options volume for corn and soybeans, both of which set new records. The corn and soybean futures markets, excluding options, set new daily trading reco...
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.