GOOD MORNING, Prices are steady grains and lower soy. Spread trade continues to dominate in terms of price action. Traders continue to unwind previous buy bean/sell corn and buy soyoil/sell meal trade. The trade is very technical at this point, as December contracts liquidate and November contracts head into noon expiration, bearing down on the $9.00 benchmark. Technical traders continue to watch prices break and struggle to get back over moving average in corn and beans. Yesterday's quick break into the close was due to a headline that said US/China negotiations hit a snag on the exact amount of US ag purchases that China needs to procure. China is said to be resisting calls for curb to tec...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.