General Comments A bullish USDA quarterly stocks report following two weeks or so of big time fund liquidation caught corn and wheat markets too short with few sellers in sight. The result was the first limit-up move in corn since the drought pushed prices to $8.49 briefly on the day of the August USDA production estimate. Wheat followed the corn rally penny for penny but could not get close to the 70-cent daily wheat trading limit. The bearishly construed soybean stocks number held soybean futures in check until corn and wheat pushed 25-30 higher. That strength eventually pulled soybean futures higher, and when corn locked up the 40-cent limit, soybeans pushed to 30- to 40-cent gains. Corn held its limit-up gains and will have a 60-cent...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.