May 26 Corn closed at $4.5225/bushel, down $0.02 from yesterday's close. May 26 Wheat closed at $5.9825/bushel, up $0.0075 from yesterday's close. May 26 Soybeans closed at $11.635/bushel, down $0.05 from yesterday's close. May 26 Soymeal closed at $315.2/short ton, down $3 from yesterday's close. May 26 Soyoil closed at 68.94 cents/lb up 1.83 cents from yesterday's close. Jun 26 Live Cattle closed at $246.325/cwt up $1.975 from yesterday's close. May 26 Feeder Cattle closed at $370.625/cwt up $2.625 from yesterday's close. Jun 26 Lean Hogs closed at $104.475/cwt down $0.7 from yesterday's close. May 26 WTI Crude Oil closed at $111.56/barrel up $11.44 from yesterday's close. ...
What You Need to Know Today: Non-farm payrolls rose by 172,000 jobs in May, above economist expectations of 80,000 jobs. With the job market strong, the Fed may consider raising interest rates to tame inflation. The strong jobs report was a catalyst for lower risk appetite across financial and...
Newworld screwworm Update The detection of New World screwworm (NWS) in Texas on Wednesday has been volatile for the cattle markets. The confirmation came on Wednesday evening, and the futures market opened sharply lower on Thursday. Market participants cited unknowns about cattle supplies and...
With considerable fanfare—and few specifics—USDA last week announced its Great American Cotton Plan for 2026-2031. Secretary Brooke Rollins and industry leaders described the initiative as a comprehensive strategy to address the persistent challenges facing U.S. cotton production, d...
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.