Some of the news headlines during the next week or two just might provide some of inputs for agricultural markets that have been missing during the last month.Recently, we bemoaned the lack of news providing fresh inputs and direction for grain and soy complex futures markets. Following the 10 November WASDE, there was little else that came along that seemed likely to affect fundamental U.S. and world supply/demand balances. Short-term price direction, such as it was, came mostly from macro factors such as the U.S. dollar, financial markets, slumping crude oil, etc. The result has been a great deal of directionless price churning with up markets forcing some noncommercial short covering and down markets allowing funds to sell back wha...
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...
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...