General Comments Grain and soy markets continued their choppy price action overnight and again today. According to the pattern, today was supposed to be an up day, and for the most part it was. Only soybean contracts July forward, new crop soymeal and all soyoil contracts did not get the message. Corn was today's upside leader with nearby May and July up about 15 cents. Corn and soybean inverses widened again. The July/December corn inverse now stands at $1.03.Support for corn came from firmer nearby cash bids, especially in the western Corn Belt where ethanol plants were again scrambling to buy physical supplies. It may be May on the calendar, but a winter storm is pummeling a wide area from Colorado to Iowa and Minnesota with rain, sle...
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.
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...