THE OPEN Nov beans: 4 3/4 higher Dec soyoil: 10 lower Dec meal: 2.20 higher Dec corn: 2 1/4 lower Dec wheat: 5 lower Prices started the day on a mixed note with grains weaker but finding some moderate strength after the open. Chicago wheat continues to see spillover strength from Minneapolis, which gapped higher last week on the charts and has not looked back. Beans continue to react to all aspects of a trade deal with the US/China, both good and bad. Trump's measured speech at the UN addressed the China/US trade war, with stern words creating a negative impact on bean prices for a bit, but prices slowly recovered throughout the trading session. ...
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.