As surely everyone in the world must know by now, USDA will release a number of important reports on Friday, 28 June. These include USDA's survey-based estimates of planted acreage for spring seeded crops and the 1 June quarterly estimates of stocks of grains and soybeans. The main questions regarding this week's USDA planted acreage estimates surround what changes to the mix of acreage among various crops have occurred as a result of the late spring planting season and of course, the influence, if any, of changing price relationships.The generally good weather of the last two weeks (except for the northwest Corn Belt) and the outlook for more of the same have improved USDA's weekly crop condition ratings. This has taken away much of the...
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.
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...