GOOD MORNING, Prices are mixed overnight but continue to find liquidation in the soy complex led by soyoil, while wheat is giving up most of its short-covering gains yesterday. Trade negotiation headlines are mostly negative today, with White House advisor Kudlow saying that there will be no tariff adjustments until the deal with China is complete. In the meantime, Chinese commercial importers continue to purchase beans, despite the fact that as many as 2 mmt of beans are still waiting to be offloaded in Chinese ports as companies look for storage space. Reports are that Chinese crushers have purchased around 7 cargoes this week for Dec/Jan shipment. WEATHER Getting back to normal? After record cold te...
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.