Prices continued to slide lower during the day session. Fund buying largely subsided, and some of the light-footed funds were selling back limited amounts of their recent purchases, presumably to lock in gains and put a little cash in the bank. General Comments Grain and soy prices eased during overnight trading with volume retreating to more normal levels. Grain and soybean open interest increased again yesterday, although by much lower amounts than on Tuesday. Fund buying and hedge selling against the pickup in cash movement, inspired by this week’s rally, came closer to matching each other yesterday, or so it would appear.Prices continued to slide lower during the day session with the soy complex bearing the brunt of the decline. Soybe...
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.