GOOD MORNING, Prices continue to identify trading ranges that make sense heading into the March 9 WASDE. For the day, most of the markets are lower with the exception of firmer oilshare. Traders continue to buy soyoil on tight supply and sell meal on more emerging African Swine Fever cases. An outbreak of African Swine Fever has been confirmed in piglets which were illegally transported from Funing county in China's southwestern province of Yunnan, as announced by the farm ministry. Argentina's soyoil prices are higher on Chinese, India, and Iran interest. Dry conditions in Argentina continue to support values, with yesterday's rally in beans said to be partly attributed to potential pricing by Ch...
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.
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...