Dec 23 Corn closed at $4.96/bushel, up $0.08 from yesterday's close. Dec 23 Wheat closed at $5.715/bushel, up $0.155 from yesterday's close. Nov 23 Soybeans closed at $12.9/bushel, up $0.375 from yesterday's close. Dec 23 Soymeal closed at $392.9/short ton, up $15.8 from yesterday's close. Dec 23 Soyoil closed at 53.37 cents/lb up 0.65 cents from yesterday's close. Dec 23 Live Cattle closed at $187.8/cwt up $0.825 from yesterday's close. Nov 23 Feeder Cattle closed at $253.575/cwt up $1.575 from yesterday's close. Dec 23 Lean Hogs closed at $70.1/cwt up $0.125 from yesterday's close. Nov 23 WTI Crude Oil closed at $83.52/barrel up $0.03 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.