Traders returning from the Christmas holiday found that a measure of good cheer for market bulls had been spread around while they were away, and the overnight rally carried over vigorously into the day session. General Comments Traders returning from the Christmas holiday found that a measure of good cheer for market bulls had been spread around while they were away. Trading resumed last night and started out rather slowly, but volume and prices both gained momentum during the early morning hours. This occurred as traders became aware of the outlook for dry conditions and summer heat over a considerable portion of Brazil for the next 10 days. Strong memories remain from last year when similar conditions across the northern half of Brazil...
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.