• Wheat: Net sales of 711,800 metric tons for 2018/2019 were up 89 percent from the previous week and 58 percent from the prior 4-week average. • Corn: Net sales of 1,177,500 MT for 2018/2019 were down 7 percent from the previous week, but up 26 percent from the prior 4-week average. • Soybeans: Net sales of 890,900 MT for 2018/2019 were up 42 percent from the previous week and 87 percent from the prior 4-week average. • Soybean Cake and Meal: Net sales of 287,300 MT for 2018/2019 were up 52 percent from the previous week and 4 percent from the prior 4-week average. • Soybean Oil: Net sales of 21,000 MT for 2018/2...
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.