GOOD MORNING, Finally, the day of signing is here for the Phase One deal. US Trade Rep Lighthizer and US Sec. Mnuchin said that all parts of the phase one deal will be made public today, with the event taking place at 10:30 Chicago time. Specifics on commodities may remain murky at best, with traders probably not getting all the answers to the question of how much will be purchased, and in what time frame. Speculation of future business continues to underpin beans, even though Brazil beans are cheaper right now than US. Still, headlines from the likes of Commerzbank that stated that "China's high bean imports for the month of December could be a taste of things to come in the next few months" makes it difficult to b...
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
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.