Grain and oilseed markets finished the week without a whimper. Trading ranges were relatively small, and volume was light. Meanwhile, U.S. corn export prices are now considered competitive, so a better export sales pace is expected going forward. General Comments Grain and oilseed markets finished the week without a whimper. Trading ranges were relatively small, and volume was light. There wasn’t much news to change or impact prices. As previously noted, Argentina’s elections are Sunday with the outcome potentially having a significant impact on farmer selling there IF the winner follows through on currency devaluation and export tax reductions as pledged. Both candidates have advocated and then backed off these two issues. Markets in the...
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.