Wheat has been the topic of conversation for the past few weeks. We have pointed out that U.S. and world supplies continue to decline as production levels slip smaller across the Southern Hemisphere and world demand stays at least steady. This decline in supplies has been especially evident among the world's major exporting countries. It used to be the Big 5 exports of the U.S., Canada, Australia, Argentina and the United States. We must now add Russia, Ukraine and Kazakhstan, as we showed in a table of world wheat production, consumption and supplies among the major exporters last week. It all points toward increased U.S. wheat exports during the last half of the marketing year. This is contrary to most marketing years when U.S. wheat mu...
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.