Wheat actually led the grains complex higher as soybeans and corn turned lower. The KC-Chicago wheat spread remains strong with higher values likely given the weather in one particular region. General Comments A stronger tone started the overnight session as wheat and soybeans took a bullish lead. May corn was a more reluctant follower, although the contract climbed a few cents during the session and closed 1.5 cents higher. May soybeans were up 6.5 cents, and May Chicago wheat posted an impressive gain for Sunday night of 7.75 cents.International prices were higher to start the week as continued tightness in Malaysian palm oil stocks pushed the April contract 30 ringgits higher. RBD palm olein has been reversing its downtrend on the Dali...
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.