GOOD MORNING, Prices are lower as more organized rainfall hits key growing areas across Minnesota, Illinois, Missouri, and Iowa. Heavy showers pushed through the St. Louis area yesterday, dropping temperatures by 20 degrees. Today, the extreme heat is back. With the late plantings, the peak pollination period for corn appears to fall from July 20th to August 10th, much later than the usual July 4th period. Weather maps are not in full agreement as to extended forecasts, but this week will continue to feature some of the hottest temperatures of the year. Grains are leading in terms of weakness with longs liquidating part of their overall position. ANNOUNCEMENTS It was reported...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.