General Comments Grain and soy prices traded both sides overnight but traded them only lightly. This directionless price pattern continued during the day session as well, with wheat, corn and the complex being up or down depending when one happened to look at his screen. With the February WASDE due out tomorrow, traders did not care to be making big bets today -- or small ones, either. It was a rather typical light volume pre-report market that ended with most prices posting minor losses.The best rain in terms of both volume and coverage since early December fell over nearly all of Argentina's crop areas during the last 24 hours. It should provide a boost for soybeans. Extended forecasts call for normal precipitation and temperatures. We...
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.