Wheat: Net sales of 493,800 metric tons for 2019/2020 were up 88 percent from the previous week and 31 percent from the prior 4-week average. Corn: Net sales of 549,100 metric tons for 2019/2020 were up 12 percent from the previous week and 29 percent from the prior 4-week average Soybeans: Net sales of 943,600 metric tons for 2019/2020 were up 99 percent from the previous week, but down 39 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 179,100 MT for the 2019/2020, primarily for Mexico (80,500 MT), the Dominican Republic (33,600 MT), the Philippines (20,000 MT, including decreases of 100 MT), Burma (16,000 MT), and Canada (12,700 MT), were partially offset by re...
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.