The present seems to be the time that end-users are being offered a favorable purchasing opportunity by a larger than expected U.S. crop, fund selling, and a generally lower priced commodity environment. Avoiding Surprises Yesterday’s November update of USDA data did not contain much in the way of surprises in relation to what has been observed this fall within the heart of the U.S. Corn Belt. USDA’s yield estimates have been lowered in seven of the last eight years, but this is a year when evidence from the fields implied that big crops get bigger. Consequently, the majority of producers here in Iowa tended to shrug off pessimistic talk about yields this season. Growing conditions within the western regions were favorable for the majorit...
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.