Soybeans, corn and wheat opened better than expected Sunday evening, and volume overnight was fairly strong in all three markets .USDA's announced sale of 163,00 MT of corn to Mexico this morning didn’t thrill the corn market, which seems focused on certain potential estimates. General Comments Soybeans, corn and wheat opened better than expected Sunday evening. Volume overnight was fairly strong in all three markets as forecasts turned a bit warmer and drier over the weekend.Last Friday’s Commitment of Traders report showed that funds started this week short 129,000 contracts of Chicago wheat futures, 105,000 contracts of corn and 17,000 contracts of soyoil. They were long 106,000 contracts of soybeans and 57,000 contracts of...
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.