General Comments Some people expected fireworks when markets opened Sunday afternoon following the long holiday weekend, but they were disappointed. Corn, wheat and soybean futures yesterday opened just a fraction of a penny from unchanged and didn't move much at all until the soybean complex started to show a little life late last night and again early this morning. Soybean futures struggled to take out last Friday's highs until midmorning. Wheat and corn followed the soybean market but on a smaller scale.There wasn't much news in the other markets either, except for another wave of concern over the quickly approaching "fiscal cliff" in the U.S. U.S. financial markets were getting pounded again today. Crude oil was down and the dollar...
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.