THE OPEN July beans: 7 lower July meal: 1.80 lower July soyoil: 45 lower July corn: 2 1/2 lower July wheat: 2 1/2 lower The markets opened as called with short-covering in wheat and soyoil as major features of the day. Corn prices broke lower as weaker energies brought ethanol struggles back into focus. At 10:00 export inspections were released as follows: Beans: 376,323 mt vs. 274,052 mt week ago, (and vs. an expected 400,000 mt) Wheat: 444,031 mt vs. 477,236 mt week ago (vs. an expected 500,000 mt) Corn: 920,495 mt vs. 1,161,477 mt week ago (mt vs. an expected 1,025 mt) Inspections were neutral for corn and beans, but better for wheat. Informa released its guess...
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.