THE OPEN November beans: 3 1/2 lower December meal: 2.30 lower December soy oil: 16 higher December corn: 1 1/3 higher December wheat: 6 1/4 lower The markets opened as called with mixed trade, but support came from higher prices in the Chinese Dalian market for corn and palm oil, while a flurry of business announcements kept sellers away in the bean market. Light profit-taking was noted at the open, and funds are now long grains and soy, and defending prices. Reports out of China reported that Dalian corn prices were sharply higher with some traders conjecturing that the typhoon that affected areas included stored corn that was possibly damaged. At 10:00 export inspections were r...
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.