The multi-day collapse in soy complex prices ended overnight with higher trade in soybeans and soymeal, and that strength dragged corn and wheat along as well. Soybeans then received a big push higher with this morning’s USDA export sales announcements. General Comments Every day has a new twist. The multi-day collapse in soy complex prices ended overnight with higher trade in soybeans and soymeal, and that strength dragged corn and wheat along as well. Subtle changes in weather forecasts continue to drive big changes in futures markets. Extended forecasts look warm/hot and dry west of the Mississippi but cooler and dry to its east. Weekly corn and soybean crop ratings should stay very high again in next Monday’s report despite this week’...
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.