THE OPEN Jan beans: 9 1/4 higher Jan meal: .40 higher Jan soy oil: 60 higher March corn: 1 1/2 higher March wheat: 9 lower The markets opened as called but steeper losses in wheat created a general sell-off from morning highs. The major feature of the morning was higher oilshare, which benefited from a strike in Argentina by the Oil Workers Union as general demand for soyoil remains high. A lack of business announcements and deeper losses in wheat extended the December theme of choppy trade. At 10:00 export inspections were released as follows: Beans: 2,368,781 mt vs. 2,585,871 mt week ago (and vs. an expected 2,350,000 mt) Corn: 886,938 mt vs. 753,005 m...
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.