General Comments The overnight e-market for grains and soy saw a carryover of yesterday's price weakness. In this the grains were following a similar pattern set by other commodities with a general shrinking of trading volume. The news from China was mixed. China's PMI for February came out better than expected at 49.7 percent. That was up from 48.8 percent in January. However, it still is below the 50 percent level that signifies expansion, and this has some predicting further steps by the government to spur economic growth. Moreover, Chinese manufacturing and export data failed to generate any enthusiasm.The day session began with generally lower prices, although the dull nature of the trade and the slack volume suggested a lack of dir...
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.