THE OPEN July beans: 1 1/2 lower July meal: .80 lower July soyoil: 29 lower July corn: 3/4 lower July wheat: 3 lower Prices opened with profit-taking in oilshare and short-covering in corn as the major feature of trade. Prices were choppy heading into the report with wheat and soyoil futures on the defensive. Selling ideas continue to remain over the market, as the producer seems to wait for still higher prices before selling further. Post report, Ags turned mixed again seeming to see weakness from spill-over from falling macro markets. At 11:00 the report was as follows: USDA Reports Flash 06/11 11:24 U.S. ENDING STOCKS (Million Bushels) 2019-20 &nb...
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.