The CBOT saw widespread selling Tuesday with fund managers liquidating longs as the end of the month and quarter draw near. Tuesday’s trade once again had the feeling of washing out weak longs with few speculators willing to buy into the decline with significant uncertainty in tomorrow’s U.S. acreage and grain stocks reports. Weak technical conditions and sell signals on several charts also contributed to Tuesday’s weakness. May soyoil posted a limit-loss for the day, which exacerbated weakness in soybeans. The following tables provides analysts’ pre-report expectations for the Grain Stocks and Prospective Plantings reports. Grain stocks are expected to be sharply lower than last year while the acreage f...
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.