THE OPEN May beans: 13 1/2 lower May meal: 3.20 lower May soyoil: 69 lower May corn: 4 1/2 lower May wheat: 10 1/2 lower The markets opened lower across the board which quickly violated major support levels leading to more fund selling. Wheat and soyoil futures worked lower as funds liquidated some of their length. Meal prices hit new ctr lows as global demand is called into question. Across-the-board fund selling was noted everywhere as China's President Xi warned that the virus totals were grim and complex as they step up efforts to stop the outbreak. At 10:00 export inspections were released as follows: beans: 594,536 mt vs.1,005,050 mt week ago (and vs. 850,000 mt...
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.