Commodity markets started strong this morning, pushed up against technical resistance and broke down when that resistance couldn’t be penetrated. Weekly U.S. export sales were better than expected for corn, wheat and soybeans. General Comments Crude oil staged a significant rally overnight and today, driving world equity markets to big gains. Commodity markets also started strong this morning, pushed up against technical resistance and broke down when that resistance couldn’t be penetrated. Trading volume in Chicago today was light. Weekly U.S. export sales were better than expected for corn, wheat and soybeans. Soymeal export sales were the highest of this marketing year. It was a generally quiet trading day. Volume started out very ligh...
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.