Prices across the board retreated a modest 1-3 cents overnight from yesterday’s higher closes, and trading seemed equally subdued after it resumed in the day session. However, prices recovered the small overnight losses and stayed parked in the green zone. General Comments Overnight trade in grain and soy complex futures was considerably more restrained than during the day session yesterday. Trading volume was quite light and less than half of what it has been during the past week or so. Prices across the board retreated a modest 1-3 cents from yesterday’s higher closes. USDA’s weekly crop condition report of Tuesday afternoon provided little (if any) trading inspiration as it dropped corn rated good or excellent by 1 percent and left the...
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.