GOOD MORNING The market continues to be about weather and demand. Daily announcements for beans to China continues, and is the primary catalyst driving the market higher. China has been in for US corn, and they are constantly auctioning off their own domestic supplies. China's National Grain Trade Center noted it sold a combined 89% of 2015, 2016, and 2018 corn from state held reserves at today's auction. Ukraine corn production has been hurt by adverse weather, knocking out a major competitor. Ideas are that China will continue to honor the Phase One deal, but certainly US origin is the best for US beans until Brazil has harvested their own. Prices continue higher across the board this morni...
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.