GOOD MORNING, Precise are mixed overnight with a better condition rating for corn creating a minor pullback at the start of the PM session. Beans continue to remain firm as the fast pace of corn into the ground could imply there are less bean acres coming for the June 30 Stocks/Acreage report. Bullish weather forecasts, firm cash, and only light farmer selling on the rallies brings higher prices. World cash markets remain firm with corn cash very firm. There are rumors that China remains around the corn and bean markets. Soyoil futures trades higher on the back of firmer crude, canola, and sharply higher palm oil prices. Higher soyoil supports beans. Minneapolis futures are sharply higher pu...
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.