May 26 Corn closed at $4.655/bushel, down $0.0425 from yesterday's close. May 26 Wheat closed at $5.9525/bushel, down $0.1275 from yesterday's close. May 26 Soybeans closed at $11.6125/bushel, down $0.0725 from yesterday's close. May 26 Soymeal closed at $328/short ton, down $4.5 from yesterday's close. May 26 Soyoil closed at 65.51 cents/lb up 0.1 cents from yesterday's close. Jun 26 Live Cattle closed at $233.425/cwt up $1.725 from yesterday's close. Apr 26 Feeder Cattle closed at $351.175/cwt up $3.425 from yesterday's close. Apr 26 Lean Hogs closed at $91.275/cwt down $0.775 from yesterday's close. May 26 WTI Crude Oil closed at $98.01/barrel up $2.46 from yesterday's close. ...
What You Need to Know Today: U.S. launches naval escort operations in the Strait of Hormuz as Iran attacks UAE oil infrastructure, escalating geopolitical risk and supporting energy and broader commodity markets Biofuel demand entering uncharted territory, with soyoil valuation increasingly di...
The Middle East is said to be undergoing a transformation as economic priorities transcend security concerns. This is evidenced by diversification away from oil and the UAE’s departure from OPEC. Meanwhile, the Palestine issue has been deprioritized, and Iran has emerged as more destabili...
All eyes are shifting to the Senate following the House passage of a farm bill last Thursday. Senate Agriculture Committee Chair John Boozman (R-Arkansas) is targeting the end of May or early June for a bill markup. According to Boozman, the House “going ahead and passing something was re...
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.