After doing next to nothing for the first three trading days this week while awaiting tomorrow’s USDA reports, traders finally made a move today, and that move was to lower levels. The catalyst appeared to be some less-than-optimistic comments from White House economic advisor Larry Kudlow on the status of trade negotiations with China. President Trump, among others, had noted progress during last week’s negotiations in Washington and seemed hopeful that an agreement could be reached by the 1 March deadline. However, this morning Mr. Kudlow said that the two sides have “miles to go” to reach a deal. He expressed doubt that it could be achieved before 2 March when tariffs on $200 billion of imports from China are to j...
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.