General Comments Overnight trade in grains and the soy complex was mixed in terms of price action, although trading volume held up well in the face of a dearth of market-moving news. Options on November soybeans expire tomorrow (Friday), and this might provide some price direction. The market is focusing on the $15.70 strike price as something as a target. After the gains earlier this week, prices during the day session generally turned lower in response to export sales volumes that, except for wheat, were lower than expected.During a period when shifts in fundamental inputs are limited, the market tends to search out something to trade on. Today, it was concern that ever-long index funds would liquidate their grain and soy positions by...
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.