General Comments If you have grown tired of the "risk on, risk off" analysis, so have we. But today we were back to "risk on." World financial markets were very firm overnight and the dollar was weaker. U.S. financial markets opened with a much more uncertain direction. The approaching fiscal cliff, which thus far has had nothing but press conferences instead of negotiations, makes the market nervous. The ongoing threat of the fiscal cliff crept back into the market place as the day wore on.Wheat, corn and soybeans were all strong overnight on a combination of bullish weather, some U.S. wheat export business, and news that China's PMI index showed the best gains in over seven months. Egypt bought three cargoes of U.S. soft white wheat...
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.