Some sayings about the futures market (or equities) ring true and others not so much. For example, “this time it’s different” is a risky bet; but buy low, sell high is good guidance. A ritual, such as getting out of the market ahead of an extended break would seem to make the trend your friend, except when it is not true. The market is closed this Thursday for the U.S. Independence Day celebration and trading is expected to be light on Friday as people turn it into a four-day extended summer weekend. This would seem a normal opportunity to close out and avoid the risk of developments occurring while the market is closed, and the beach is beckoning. This would be perfect if one is positioned for gains while headed out and...
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.
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...