Markets were firm overnight with soybean futures trading as much as 10-11 cents higher. There was then more follow-through buying in the corn market today as short traders covered some of those positions ahead of the long weekend. General Comments Markets were firm overnight with soybean futures trading as much as 10-11 cents higher. Trading was higher today as well, although gains were cut short when Informa released big corn and soybean yield estimates. This was also a holiday session (although volume was average) due to the long Labor Day weekend in the U.S. Markets will not resume trading until 8 p.m. (EDT) Monday.Funds are still holding big short positions in corn and wheat, and most analysts expect the size of those positions increa...
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.