GOOD MORNING, Prices begin the day on a mixed note as soyoil futures trade down to a new low as funds continue to liquidate length and oilshare. Grains are still firmer vs. beans and soyoil. Buy corn/sell wheat and bean trade will be an opening trend. Chart watchers are watching to see if March bean prices can climb back over $9.00, and if March corn can retain a firmer trade over $3.80. March wheat, where funds have most of their length, has so far bounced back nicely from its break just below $5.60, which is very characteristic of a bull market at work. Outside markets are lending a calmer influence, though beans still appear to have more weight as harvest pressure increases from Brazil, and there are no signs of...
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.