It could get exciting, but probably not. Barring any breakthrough buying the market is going to hold steady awaiting next week’s USDA WASDE report. Maybe some short covering, but there are just too many uncertainties for any big bets to be made. And, there is no reason for volumes to get very large as well. But there are still points of notable interest. China will cut tariffs next week on 1,717 tariff lines potentially worth $75 billion in trade. Large soybean purchases are currently going to lower priced Brazil, and there are reports that wheat purchasing by China in the TRQ’s forced open by Washington are going to France. But optimists say that China will begin stocking its summer needs from the U.S. – at least t...
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.