Grain markets shrugged off yesterday’s bearish WASDE with multiple headlines circulating today that fueled buying strength. Most notably, reports of a partial agreement on a U.S.-China trade deal sent the soy complex higher with President Trump announcing a “very substantial phase one deal”. The Wall Street Journal is reporting that the deal includes provisions for agriculture as well as intellectual property, two of the key things on President Trump’s agenda. Additional news reports suggested the tariffs initially scheduled to take effect tomorrow would be delayed due to the new-found congeniality between the U.S. and China. Beyond the trade developments, the snowstorm working its way across the Northwestern...
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.