There are many subjects, big and small, of interest to agricultural markets and worthy of discussion as we head deeper into February, although grain and soy markets often have a split focus during this month that has sometimes resulted in erratic price action. Among them are: 1) the old crop situation with seven months of the U.S. corn and soybean crop year still left, which is plenty of time for changes in perceived supply/demand fundamentals; 2) the impending spring planting season that will get underway in just a few weeks and force attention on what might lie ahead for the new crop; and 3) the South American harvest that by now should be well underway but is complicated this year by the persistent Argentine drought. Then there are...
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.