As the day session opened, the soybean market seemed poised to continue the overnight technical rally, but it was not to be. Concerns over President Trump’s moves on trade and energy stifled the upward momentum and brought on fresh selling pressure. General Comments Overnight trading saw soybean futures rebound from yesterday’s losses on chart-based signals while the grains struggled to stay in positive territory. March corn did set a new six-month high at $3.71, and Chicago March wheat appeared ready to challenge last week’s high at one point, but neither could hold on.As the day session opened, the soybean market seemed poised to continue the overnight technical rally, but it was not to be. Concerns over President Trump’s moves on trade...
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.