The overnight session saw grain and soy prices generally firmer in something of a recovery from Wednesday’s lingering weakness. Soybeans and MGEX spring wheat were the leaders, trading up 6-8 cents and about 7 cents, respectively. KC HRW was about 4 cents higher with Chicago wheat gaining just 2 cents. Corn managed only a minimal gain of about a penny. During the day session, soybeans managed to hold onto their early gain. They were supported by the National Oilseed Processors Association (NOPA) report that its members processed 153.7 million bushels of soybeans during February, a record for that month and 5-6 million bushels more than trade guesses. Such volume suggests that the total crush for the month will be around 153 million b...
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.