Turkey’s downing of a Russian fighter jet has added another element to the complex Syrian-Middle Eastern conflict with possible ramifications for commodity markets. Fears that Black Sea wheat exports might be impeded sent Russian and Ukrainian wheat FOB prices lower as well as wheat futures prices. General Comments Grain and soy futures markets will operate on a regular schedule tomorrow, close on Thursday for Thanksgiving and close early at 1:00 p.m. (EST) on Friday.Turkey’s downing of a Russian fighter jet it said had encroached on its airspace early today has added another element to the complex Syrian-Middle Eastern conflict with possible ramifications for commodity markets. Russian authorities immediately denied that their aircraft h...
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.