General Comments Markets were mixed to start the Sunday evening session and traded both sides of unchanged throughout the night. Corn, wheat and soybeans were all trading slightly higher early this morning and throughout the first portion of the open outcry session. Markets started to break down towards noon, when another round of fund and technically related selling took hold of the corn and wheat markets. When December corn dropped below $7.90, its long time support, it took another free-fall. There was no fresh fundamental news today and we have the USDA September reports on Wednesday.There was not much happening in the macro markets. U.S. and European markets were slightly weaker and Asian markets were mixed. Crude oil was neutral...
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.