Jul 26 Corn closed at $4.175/bushel, down $0.07 from yesterday's close. Jul 26 Wheat closed at $5.8/bushel, down $0.0175 from yesterday's close. Jul 26 Soybeans closed at $11.215/bushel, down $0.08 from yesterday's close. Jul 26 Soymeal closed at $308.5/short ton, down $5.2 from yesterday's close. Jul 26 Soyoil closed at 74.12 cents/lb down 2.17 cents from yesterday's close. Aug 26 Live Cattle closed at $241.65/cwt up $0.125 from yesterday's close. Aug 26 Feeder Cattle closed at $353.9/cwt up $0.525 from yesterday's close. Jul 26 Lean Hogs closed at $98.8/cwt down $2.8 from yesterday's close. Jul 26 WTI Crude Oil closed at $90.23/barrel down $2.81 from yesterday's close. ...
What You Need to Know Today: Non-farm payrolls rose by 172,000 jobs in May, above economist expectations of 80,000 jobs. With the job market strong, the Fed may consider raising interest rates to tame inflation. The strong jobs report was a catalyst for lower risk appetite across financial and...
With considerable fanfare—and few specifics—USDA last week announced its Great American Cotton Plan for 2026-2031. Secretary Brooke Rollins and industry leaders described the initiative as a comprehensive strategy to address the persistent challenges facing U.S. cotton production, d...
Man Behind the Curtain Hypocrisy is a feature and not a bug in politics, but it still deserves no mercy. EU trade minister Maros Sefcovic told Chinese Vice Commerce Minister Li Chenggang that Europe’s trade deficit with the Middle Kingdom is "unsustainable." He urged Li to address it even...
What You Need to Know Today: A case of New World Screwworm was detected in Texas, the first in the U.S. since 1966. With cases creeping closer to the U.S. border, it was only a matter of time. APHIS confirmed that larvae were detected in the umbilical area of a 3-week-old calf in Zavala County...
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.