Commodities’ Day in the Sun Pulling agricultural commodity prices out of the basement requires either a larger boost in demand or a shortfall in supply – or the even better current situation of both scenarios coming true. The drought in Argentina is much followed along with damage to U.S. winter wheat, but policy makers tend to focus on accelerating economic growth since they cannot do much about the weather. The good news is that growth is accelerating. The Conference Board survey of consumer attitudes found Americans to be the most confident they’ve been since the Clinton administration in 2000. Even the bricks-and-mortar retailing giant Macy’s experienced its first period of increased sales in three years. The s...
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.