The CBOT ended the week on a down note with corn, wheat, and the soy complex all posting losses for the day. Corn and wheat attempted to rally early in the day, but that effort was met with stiff selling pressure and more cash selling from farmers. Harvest activity has increased across the eastern Midwest this week, which is increasing the flow of grain into commercials' bins. Funds were net sellers for the day as they continue to lighten up on their long positions heading into next week’s WASDE. World weather trends are still a mixed bag with drought a concern for the Black Sea region and parts of the U.S., but with strongly favorable growing conditions for European winter crops and the South American spring crops. One notable...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.