Last Friday's USDA reports have clearly removed the soybean and oilseeds markets from the leadership position -- at least for now. The big soybean production increases have lessened the level of demand rationing required, even though ending supply forecasts are little changed from 60 days ago. An improving weather pattern in Argentina and Brazil also has taken the edge off of the soy complex. U.S. and world feed grains supplies will still be at record-small levels by the end of next summer, but the market relegated corn to a back row seat a couple of months ago. Wheat entered the new marketing year with bearish expectations. Early world wheat production estimates were very high. Black Sea wheat was offered at very cheap levels throughout...
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.