General Comments Yesterday's price rally carried into the overnight session and then into the day session this morning. There may have been some first-of-the-month money finding its way into grains and the soy complex, and there was some residual fund buying. However, trading seemed less aggressive than it did yesterday, and trading volume was lighter. Farmer selling remained very sparse.The day session opened with stronger prices across the board led by soybeans. They were up 20 cents at the overnight highs as ongoing export demand, red hot cash markets and questions over South American crop prospects provided a lot for the market to chew on. However, after momentum from the first burst of buying slowed during the day session and new bu...
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.