The series of important and delayed USDA reports that were released last Friday did take some of the uncertainty away from the markets. The problem, though, is they didn’t contain any unexpected or surprising numbers. The single USDA report that could be supportive is the one concerning weekly export sales numbers, but that won’t get current until the end of this month. Apprehension and confusion surrounding the U.S. budget and the ongoing China trade negotiations continue to leave the markets uncertain and, more importantly, nervous. Congressional negotiations over the border barrier and the budget broke down over the weekend. The news last week about these talks had at least been hopeful with some legitimate chance that an ag...
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.