THE OPEN March beans: 5 higher March meal: steady March soyoil: 56 higher March corn: 3 higher March wheat: 6 3/4 higher The markets opened on a bounce due to a combination of oversold extremes and possible new buying interest at new market lows. China's injection of money into stabilizing their markets crossed global lines, helping US equities to add back from recent losses, and commodities in general. Traders were back to buying soyoil/sell meal which pushed oilshare higher. Buy wheat trade returned against corn and beans. March meal prices continued to test yesterday's contract lows. In other stories, China has agreed to allow US health experts into the country and hospit...
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.