Agriculture played only a minor role in President Trump’s State of the Union speech last night. He cited the ongoing negotiations with China as an example of his aggressive trade policies but did not mention its recent soybean purchases. He also asked Congress to approve the USMCA trade agreement, which is intended to replace NAFTA. As every president does, he called for bipartisan cooperation and pointed to the recently-passed farm bill as an example of what can be done when the two parties work together. As for the grain and soy futures markets, they remained in a semi-paralyzed state awaiting Friday’s deluge of reports from USDA. As has been the case this week, overnight trading featured low volume and minimal price changes...
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.