The CBOT was heavily influenced by outside markets on Friday, especially the crude oil rally stemming from Biden administration comments about a looming Russian invasion of Ukraine. Crude oil futures pushed sharply higher and supported soyoil, which in turn gave late-day strength to soybeans. The soybean and corn markets seemingly shrugged off yesterday’s technical reversals and ended the week on a positive note. Wheat futures surged higher as the Black Sea tensions are once again suggestive of restricted wheat supplies from the region. Trading volume was lighter than the past two days across the board as traders booked some profits and waited to see the weekend’s weather in South America before recommitting to positions. ...
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.