Mar 24 Corn closed at $4.5225/bushel, up $0.0575 from yesterday's close. Mar 24 Wheat closed at $6.1075/bushel, up $0.1425 from yesterday's close. Mar 24 Soybeans closed at $12.4025/bushel, up $0.0075 from yesterday's close. Mar 24 Soymeal closed at $363.3/short ton, up $2.2 from yesterday's close. Mar 24 Soyoil closed at 47.32 cents/lb down 0.89 cents from yesterday's close. Apr 24 Live Cattle closed at $178.35/cwt up $0.525 from yesterday's close. Mar 24 Feeder Cattle closed at $233.775/cwt up $0.125 from yesterday's close. Apr 24 Lean Hogs closed at $82.025/cwt up $1.7 from yesterday's close. Mar 24 WTI Crude Oil closed at $75.09/barrel up $0.72 from yesterday's close. ...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
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.