General Comments Corn and soy markets tried hard to make it a "Turnaround Tuesday." Prices firmed slightly in overnight trade, and this continued into the day session before another round of long liquidation by non-commercials sent corn and soybean prices back into the red. Corn wound up closing down a few cents, but some soybean contracts scratched their way back to the green side to provide mixed closes with just small changes from yesterday's closes. And again, some end-user pricing was noted near session lows in both soybeans and corn, but it was not enough to counter the selling. Basically, it was a quiet, low-volume session marked by the absence of much market moving news.Wheat was the market's weak link today. Another purchase of...
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.