Jul 23 Corn closed at $5.8725/bushel, up $0.0975 from yesterday's close. Jul 23 Wheat closed at $6.0625/bushel, down $0.16 from yesterday's close. Jul 23 Soybeans closed at $13.245/bushel, up $0.02 from yesterday's close. Jul 23 Soymeal closed at $402.2/short ton, down $4.2 from yesterday's close. Jul 23 Soyoil closed at 48 cents/lb up 0.24 cents from yesterday's close. Aug 23 Live Cattle closed at $164.125/cwt up $1.55 from yesterday's close. Aug 23 Feeder Cattle closed at $234.525/cwt up $1.05 from yesterday's close. Jul 23 Lean Hogs closed at $80.825/cwt down $0.15 from yesterday's close. Jul 23 WTI Crude Oil closed at $73.62/barrel up $0.71 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...
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.