With the Pro Farmer crop tour finding higher pod counts than last year and Chinese soybean buyers hiding, traders started to unwind soybean/grain spreads in overnight trade. That pushed soybean futures prices into the red but supported small gains elsewhere. General Comments With the Pro Farmer crop tour finding higher pod counts than last year and Chinese soybean buyers hiding, traders started to unwind soybean/grain spreads in overnight trade. That pushed soybean futures prices into the red but supported small gains for corn and wheat. However, the ink was red all across the board during the day session as soybeans led everything else lower. When November soybeans dipped below their 20-day moving average, there was a surge of chart-base...
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.