Green was the color of the day for grain and soy markets. Prices wavered a bit at the opening of overnight trading, but they soon began to push higher. Some of yesterday’s weather models had hinted at possible showers over parts of Argentina’s crop areas next week, but later model runs eliminated that chance. Almost complete dryness is now expected until at least 15 March along with summer heat. So, the weather market is marching on. At the trading recess, winter wheat and soybeans were up about 6-8 cents with corn higher by the usual fraction of a cent. Traders are beginning to weigh what serious production losses for Argentine soybeans and corn might mean in terms of increased demand for the U.S. Prices across the board conti...
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.