Total Argentine farmer selling of corn has now reached approximately 2.3 MMT, 10 percent of the expected crop. Although the harvest has been active this past week, the setback in CBOT prices after the WASDE report has dampened the selling mood among producers. Corn Argentine corn exports increased with farmers selling about 800,000 MT in one week. That is about equivalent to what they had sold over the past few months. Origination was at 90CK for April and May (5 cents above the FOB offers) and +65CN for June and July (5 cents below FOB offer side).Total Argentine farmer selling has now reached approximately 2.3 MMT, 10 percent of the expected crop. The harvest has been active this past week despite this season's delayed crop conditions...
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.