CBOT futures may presently be rallying, but there is no demand for Brazilian soybeans from Chinese buyers. Soybeans: Brazilian Prices No Longer Inverted The inverse that was evident in the global soybean market over the past several months seems to be in the process of changing. Such a change may not have shown up yet in CBOT futures contracts, but it is starting to take place in the cash physical market. Recent increases in the CBOT futures and reduced demand have placed Chinese crushers in a position where they have negative margins and more soybeans than necessary. They no longer had any interest in receiving soybeans early. This situation has placed a damper on the inverted markets, and some soybean traders have been forced to pay a p...
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.