News Updates U.S. GSM-102 PROGRAM At the end of February, the totals booked in dollars through the U.S. GSM-102 program for Africa and the Middle East were soymeal, USD 7 million; soybeans, USD 56.4 million; wheat, USD 13.9 million; and corn, USD 39.9 million. For the separate program in Turkey the totals were DDGS, USD 4.7 million; soymeal, USD 35.3 million; and soybeans, USD 58.5 million. IRAN'S SITUATION Iran continues to buy wheat from various origins to cover its current and long-term needs. Bartering seems to be the preferred method of trade, and several countries -- including Pakistan and India -- are sending missions to Iran for more detailed discussions. As previously reported, Iran is to provide the finances for a Pakistan-Ira...
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.