Grain futures corrected lower during the overnight session after a steady/mixed start. Farmer selling was active yesterday which reduced some buyer enthusiasm in the overnight trading. Additionally, there was no substantial new news that traders could use to justify higher prices. Trading during the day session featured lower prices as overbought technical conditions gave way to selling pressure. During last night’s State of the Union address, President Trump continued his tough-on-trade stance, but with NAFA renegotiations lasting for several more months, this was not a prominent factor in today’s selloff. The market simply needed a day to cool off and reassess. Outside markets are mixed today with the Dow taking...
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.