General Comments Markets feed on what can be loosely defined as news, and when fresh supplies of news are limited, markets can grow tired and head for the couch. Today was one of those days. Trading volume was light, and there was not much interest in seeing prices headed either up or down. The result was slightly lower prices for most corn and wheat futures contracts, but slightly higher closes for soybeans and soymeal, but not for soyoil. It was a "slightly" kind of market today.Overnight trading provided a preview. Grain and soy futures traded on both sides in reduced volume and little enthusiasm. The absence of anything fresh to trade on was evident in the market's behavior and in the choppy price action both overnight and again in t...
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.