GOOD MORNING, As we head into Friday's report, expect to see more position-evening from corn and bean bulls who have put a good rally in their pocket. More defensive plays have been noted in beans where put buying has been an overall strategy. This morning, beans are firm along with meal, as the market continues to digest Chinese buying activity. There are reports that China's state-run companies are buying US beans to build food reserves. Soyoil is lower following a sharply lower palm oil market. Wheat values are still maintaining a technical posture having reached a peak high in the Dec. contract at $5.78 1/2 before setting back. Wheat supplies are stabilizing as Australia's ABARE increas...
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.