The Closing Bell Wrap-Up is back after a few weeks’ hiatus working on a few special projects for WPI. Since this article was last written, the grain and livestock markets have largely traded sideways (thanks, holiday-shortened trading weeks) while the U.S. political situations have become interesting and chaotic. Today’s trading featured a Turnaround (lower) Tuesday in corn and soybeans while wheat managed a few cents’ gain. Cattle futures were higher on aggressive feeder cattle buying while hog futures were mixed amid aggressive spread trading. Fundamental news remains light except for rumors of Chinese corn/soybean/wheat buying, the ongoing drought in Brazil, and flooding in Argentina. Traders, however, were unimp...
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.