Hot, dry weekend weather drove the wheat market higher in the overnight session, though more moderate weather forecasts issued today pulled the market back. Fund's new net short position in corn created bearish trading sentiment... General Comments Corn, soybean and wheat futures were all higher in the Sunday evening session with wheat trading as much as four to five cents higher in KC and six to seven cents higher in Chicago. The gains in wheat were the result of weekend temperatures in the low- to mid-90’s and windy weather across the southern plains. The higher trend present in the overnight session changed at today’s opening as weather forecasts offered some promise for at least scattered showers across the southern plains by this wee...
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.