The CBOT ended the week on a quiet note as the U.S. harvest wraps up and logistics/export challenges remain along the Mississippi River. The U.S. corn and soybean harvests should be 75 and 85 percent finished, respectively, in Monday’s USDA report, minimizing any lingering weather/yield risk. The harvest has gone more quickly than usual, thanks to excellent weather across the Corn Belt. Despite the fast harvest pace, cash values and basis have seen little pressure, which has helped keep futures trading sideways, rather than breaking lower. Travel issues are still a major issue for the Mississippi River and that is actively working against U.S. grain and DDGS (and other ag product) exports. Rains are in the forecast for this week and s...
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.