Brazilian soybeans traded at $1.70X CNF for September at the beginning of the week and moved as high as $1.81X for the same position. On the FOB market, Brazil traded at $0.89X and later in the week at $0.95X FOB Rio Grande. All trades were for one particular destination. Soybeans Brazil The soybean market has experienced good movement on the spot as Brazil is competing with U.S. Gulf. All origins traded spot positions (mostly September with some October), and daily basis increases were noted. Demand from China suddenly decided to cover these positions, buying soybeans from any origin. The big carry observed several weeks ago turned into an almost flat market, and there were some signs that the market is starting to invert as it was in t...
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.