General Comments After yesterday's price recovery, grain and soy prices opened slightly lower with light profit-taking, but the soy complex was soon bid up again as tight supply concerns soon took over. This pattern repeated itself during the day session. Corn and wheat traded indecisively for the most part, while old crop soybeans and soymeal moved higher. The old crop/new crop soybean and soymeal inverses widened again, and to a lesser extent, so did the old/new crop soyoil inverse.Driving the soy complex are growing signs of extremely tight soybean supplies. Soybean processors are taking more down time or are considering doing so where their plants are near to running out of soybeans. Reportedly, soybean bids in Illinois can be found...
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.