THE OPEN November beans: 1 higher December meal: .20 higher December soyoil: steady December corn: 1 1/2 lower September wheat: 4 3/4 lower The markets opened as expected with short-covering in beans and meal and more weakness in grains. Rains are in the forecast for next week for some of the driest portions of the Midwest, which continued to spark more long liquidation for corn. Wheat followed the path of corn lower, as prices continued to end this week in a low volume day of spread activity. Into the noon hour, morning lows held for soy on a short-covering bounce, while grains challenged recent lows led by corn. Buy soy/sell grain was a feature of trade. SOY The soy complex fo...
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.