Corn, wheat and soybean futures markets had another mixed session. Everything was lower early, but corn and wheat rallied to trade 3-4 higher by midmorning and held those gains for the balance of the session. Livestock markets were under heavy selling pressure and closed down the limit. General Comments Markets are closed for the day in the U.S. on Monday, 18 January in observance of Martin Luther King Day. They will reopen that evening at 8 p.m. (EST).U.S. and world financial markets were sharply lower again today following a round of economic reports that were all considered bearish. These reports included retail sales, the Producer Price Index, the January Empire Manufacturing Index, industrial production, etc. Walmart announced it wil...
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.