Excitement over the weekend’s meetings between Trump and Xi cooled off in most markets today. Ag commodities survived better than others (see U.S. equities for a prime example) but still lacked enthusiasm. Trading volume was average today, again highlighting the uncertainty with which traders are viewing the “trade deal”. Wall Street is struggling today with investors now fully skeptical of the “trade deal” and sending the Down down 700 points as of this writing. This has prompted the U.S. Treasury Secretary to comment on the situation and explicitly mention that “The market is trying to figure out” whether there will be a trade deal after the allegedly agreed upon time frame. The U.S dollar...
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.