At this point it is hard to see grain and soy markets staging a major rally barring a South American weather problem. Unless adverse weather intervenes in some important producing region in a way that shakes up world S&D and gets U.S. corn and wheat back into the export game, it is hard to imagine any kind of sustained price rally.The reality of big crops has settled in. However, it is not as though this reality suddenly burst out with the November WASDE. In truth, it has been around for some time. For some months the question has not been whether or not crops would be big. Rather it has simply been how big. The November WASDE has basically answered that question. It is worth noting that the current spot futures contracts have traded in...
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.