Grain and soy futures trade overnight was mostly in the direction of lower prices with volume about average. The day session proved to be more active with wheat and corn prices climbing into the green zone, thanks to short covering. General Comments The weekly export sales report from FAS/USDA has been delayed until Friday due the New Year’s holiday last Monday.Grain and soy futures trade overnight was mostly in the direction of lower prices with volume about average. Soybeans were unable to build on yesterday’s big gain, but prices did not retreat very far. Asian markets were mixed with Malaysian palm oil declining and Dalian soymeal slightly higher. The day session proved to be more active with wheat and corn prices climbing into the gr...
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.
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...