GOOD MORNING, Prices are mixed as consolidation activity continues, starting out firm but trading both sides of unchanged throughout the session. The markets have turned into technical affairs heading into the end of the year. Producer selling into the end of the year appears to be extremely light. Ag prices also continue to get a bid from the weaker US dollar, which trades down to levels not seen since 2018. Notable in the currency jump outside the US dollar was Bitcoin, which traded to new highs. The Fed left interest rates at near zero percent on Wed., which was in line with trade expectations. Corn prices continue to be a mere follower of wheat, (from time to time), or stronger beans. Co...
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.