Overnight trading opened mixed, but prices soon turned slightly lower. They were then quietly lower in slack trade durig the day session until the soy complex was awakened late in the session by an unexpected selling blitz in March soyoil. General Comments Overnight trading opened mixed, but prices soon turned slightly lower. Those traders who were still watching markets had little reason to do much of anything, and it showed. March corn held in a very narrow 1.75 cent range overnight with a volume of about 7,500 contracts. Dalian soy and corn futures prices continued their slide lower. Malaysian palm oil futures are stuck in an up-and-down pattern, and today was a down day to the extent of 29 ringgits. Prices remained under pressure as t...
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.