Markets started steady to lower overnight and were decidedly lower by the time the night session closed. The election of the pro-business/agriculture candidate (Macri) in Argentina put pressure on the soy complex as wheat and corn simply watched. However, those trends started to slowly change once today’s trading started. General Comments This was supposed to be a quiet trading week with the U.S. Thanksgiving holiday on Thursday and the bearish implications from the Argentine election. Markets started steady to lower overnight and were decidedly lower by the time the night session closed. Soybeans were down 10-12, while wheat and corn were also lower. The election of the pro-business/agriculture candidate (Macri) in Argentina put pressure...
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.