Corn and soybean futures have been lackluster in recent weeks but several factors are pointing to a more interesting future.USDA’s 29 September small grain report and quarterly stocks estimates have come and gone. China is on holiday. Today’s weekly export sales report was unexciting. The soybean and corn harvest has been moving along rather slowly, but for the rest of the week it will be slowed by rain over much of the Midwest, parts of which badly need it. The next opportunity for grain and soy futures markets to gain significant new input will be the October WASDE, but it will not be out until 12 October, more than a week away. Though we may be in the middle of the fall harvest, in truth, there is very little going on just now capable 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.