GOOD MORNING, Ags are generally lower to begin the session, with the soy complex showing more weakness than grains. The strike was settled in Argentina yesterday which is one of the reasons for profit-taking this morning for beans, meal, and soyoil. Argentina's soy crushing companies signed a contract with the oilseed workers unions late Tuesday which ended a 20-day strike over wages that paralyzed exports. Meal prices are lower this morning as the estimated 160 ships delayed in port will begin to sail. In the big picture, prices for corn and beans remain well bid. Prices placed new contract highs this week as the urgency to ration continues in lieu of lower trending crop idea production coming not onl...
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.
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...