Wheat: Net sales of 238,600 metric tons for 2019/2020 were down 34 percent from the previous week and 37 percent from the prior 4-week average. Corn: Net sales of 581,600 metric tons for 2019/2020 were up 19 percent from the previous week and 23 percent from the prior 4-week average. Soybeans: Net sales of 1,253,000 metric tons for 2019/2020 were down 31 percent from the previous week, but up 5 percent from the prior 4-week average. Soybean Cake and Meal: Net sales of 345,300 MT for 2019/2020, primarily for the Philippines (137,900 MT), Colombia (64,100 MT, including 14,500 MT switched from unknown destinations and decreases of 700 MT), Japan (30,900 MT, including decreases of 100 MT), El S...
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.