General Comments As dire as the U.S. soybean and corn supply situation may prove to be, futures markets can trade on them only so long before turning to something else. Moreover, markets have had plenty of time to price in those expectations of tight supplies. Thus, the market's attention is increasingly focused on Southern Hemisphere crops -- the "second" harvest -- and on Brazil and Argentina in particular.USDA has based its U.S. and world soybean analyses on the assumption that Brazil and Argentina will produce huge soybean crops. Specifically, USDA predicts that Brazil's soybean crop will reach 81 MMT and that Argentina will produce 55 MMT. Both would be records. Certainly, soybean prices have provided South American farmers with ple...
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.