The CBOT was mixed with continued weakness in the soy complex as soybeans and soymeal broke technical support levels. Soyoil traded a volatile day and ended essentially unchanged despite strong outside support from crude oil. Wheat futures were higher and helped corn post early-season gains, though selling intensified in the corn market as values neared the $5.50 level. Traders are nervous about rising trade tensions between the U.S. and China, with U.S. Trade Representative Tai giving a speech this morning reaffirming the U.S.’ commitment to existing tariffs and urging China to abide by the Trump-era Phase One commitments. The weekly Export Inspections report continues to show improvement in the U.S. Gulf with all but one faci...
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.