GOOD MORNING, Prices continue to rebound this week on the back of more Chinese purchases of US goods, as an announced conference call next week between Chinese and US trade negotiators takes place. In front of featured negotiations, China appears to make good on promises to continue to buy from the US. It was the announcement of corn to China that got the ball rolling for trade yesterday, with an up-hill direction for a change prompting short-covering activity. In addition to China purchasing corn, news-wires reported that China purchased six cargoes of US beans Thursday out of the Gulf. Bears are watching the market technically for signs of furthering strength. Farmers are disengaged while plantin...
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.