GOOD MORNING, Prices remain little changed this morning though, soyoil made a new high again overnight. Traders continue to keep an eye out on weather, politics, and headlines. According to financial media reports, China is prepared to ask the US to cancel more existing and planned tariffs on Chinese goods in exchange to purchase more US farm goods. Elsewhere in the world, elections will be held in Argentina this weekend, and if the current President Macri loses, it could mean a return to higher export taxes on wheat, corn, and beans in which case the farmer will once again keep more beans off the market. In terms of US/China trade negotiations, traders continue to look for signs of biz here in the US. While...
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.