Soybeans ripped sharply higher on the opening Sunday night based on less-than-expected weekend rainfall. That early rally was the high for the night and also today’s session with selling gradually starting to push prices lower. General Comments The soy complex started the Sunday evening session sharply higher with gains in soybean futures of as much as 20-24 cents in the first 30 minutes of trade. That early bulge was the high point for the night as well as today’s session. Selling slowly accelerated and eventually took July soybean and soymeal lower with new crop levels just slightly higher by mid-morning. Corn, however, ignored the slump in the soy complex. It traded 15 higher early in today’s session and held gains of 8-12 cents much o...
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.