THE OPEN July beans: 10 lower July meal: 1.10 lower July soyoil: 230 pts lower Julu corn: 9 lower July wheat: 7 1/2 lower The markets opened lower and continued to sell-off on weaker technical considerations, more rains across northern portions of the country, and sharply lower palm oil prices that pressured soyoil futures. Overnight rains across the Dakotas were actually better than expected with widespread coverage of 1/4 to 1" with some 2" rains thrown in. Next week will turn hotter and drier, but wetter conditions combined with a disappointing bean WASDE and lower soyoil, was enough to find some bull traders evening up. Bearish political headlines provided a negative side-show,...
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.