THE OPEN Nov beans: 3 1/4 lower Dec meal: 1.90 lower Dec soyoil: 18 higher Dec corn: 1 higher Sep wheat: 1 1/4 higher The markets opened as called with prices mixed to begin the session. Buy soyoil/sell meal and buy corn/sell wheat trade were featured opens. Turn-around Tuesday finally happened for corn, but only after new trading range lows were printed. Two-sided trade was noted for beans, where once again Nov prices did not seem to want to stay long under the $9.00 level. Sep wheat made a new move to the downside, which helped corn to print new trading range lows. SOY Selling in the bean market was at the forefront of major activity as prices once again broke...
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.