We are 10 days away from USDA's 1 March quarterly stocks report and its report on initial U.S. planting intentions. These reports are always important, but never more so for the corn market. The 1 March corn stocks will reveal how much corn has been used during the first half of corn's crop year, and provide strong clues about what to expect during the second half of the year. The question the market wants answered is how tight corn supplies really are, and what ending stocks will be on 31 August. With half of the crop year still to come, USDA's 1 March corn stocks report will not precisely answer these questions, of course. But the report will provide a fresh new basis for the guesses that analysts and market watchers are sure to come up...
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.