Export Sales for December 24-30, 2021 Wheat: Net sales of 48,600 metric tons (MT) for 2021/2022--a marketing-year low—were down 76 percent from the previous week and 87 percent from the prior 4-week average. Corn: Net sales of 256,100 MT for 2021/2022 were down 80 percent from the previous week and 81 percent from the prior 4-week average. Soybeans: Net sales of 382,700 MT for 2021/2022--a marketing-year low--were down 27percent from the previous week and 63 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 31,500 MT for 2021/2022—a marketing-year low--were down 55 percent from the previous week and 81percent from the prior 4-week average. Soybean Oil:...
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.