General Comments It was another trading session last night and today that beared no resemblance to the previous session. That has been the pattern in recent weeks: strong or weak one day with no follow-through to the following trading session. You could not have known that soybeans were nearly 30 cents higher when markets opened last night. It's like yesterday's buyers simply disappeared or morphed into sellers today.Today's problem for the bulls (at least early in the session) was that the CME decided to declare force majeure because of the Illinois River flooding and basically stopped or delayed the delivery process against the May contracts that is to begin next Tuesday. The CME's reasoning is that you can't load barges on the Illinoi...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.