General CommentsMarkets were all slightly higher during the first half of the Sunday evening session and then faded as the sun began rising to finish lower. Soybeans and soymeal reversed that trend this morning to trade higher much of today with corn and wheat lower. USDA announced the sales of another 261,000 MT of soybeans to China and 126,000 MT to unknown this morning.The next major hurricane is Maria, and she is building strength rapidly with Puerto Rico apparently the primary target area. Today’s forecasts then push the storm north and east, away from the mainland U.S. Puerto Rico has not been hit by a category four or five hurricane since the 1920s.U.S. financial markets pushed to new record highs again today. The U.S. dollar was fir...
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.