Soybean futures continued to show strength as they ended overnight trade about 8 cents higher. That rally persisted during the day session while the grains traded lower early on. General Comments Soybean futures continued to show strength as they ended overnight trade about 8 cents higher. Despite firmer soybeans, corn and wheat futures prices were mixed but with only small changes. Dalian corn futures closed higher with about 2.5 million contracts traded, and Dalian meal was up as well. With U.S. DDGS taxed out of the Chinese market, feed compounders are forced to up their use of corn and soymeal, which appears to be supporting Dalian futures prices.Soybean’s rally persisted during the day session while the grains traded lower early on...
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.