South American weather is bringing back memories of last year's production losses and raising the chances that there could be similar unexpected demand thrust upon U.S. soybeans and corn once again this year.The soybean market has been on edge for some time over the possibility that adverse weather might cut into production of the recently-planted soybean crop in Brazil and Argentina. Long-term model guidance indicated that weather conditions for northern Brazil would be drier than normal and might possibly turn into a drought. It was already dry in southern Brazil and northern Argentina while central Argentina was wet enough that planting might be delayed.Some weather problems have developed, however, but not quite as had been earlier fear...
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...