Regional Updates The COVID19 outbreak continues to be the dominating force in commodity and equity markets around the world. With the virus curtailing travel and causing crude oil prices to plummet, commodities tied to oil (like soyoil) are receiving commensurate selling pressure. More broadly, concerns about global economic growth or a slowdown have prompted strong risk-off activity in global equity markets. Selling from managed money funds is further pressuring agricultural commodity markets. The weather across Europe continues to hold a pattern of above-average warmth and precipitation. The UK, northern France, and western Germany have received above-normal precipitation this winter and the 3-7 day forecast holds more of the same...
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.