General Comments Old crop corn and soybean futures were strong last night and for the first few hours today before selling showed up and dropped markets from 8-10 higher to 8-10 lower. Wheat followed corn both higher and lower. There was chatter about the market exiting short corn/long wheat spreads early, but that didn't really make much sense either. The Northern Plains and Western Corn Belt got a good deal of rain over the weekend and rainfall totals across parts of northern North Dakota exceeded four inches in some places. The Eastern Corn Belt was spared, as the wet system will take another day or two to get there.The talk today was concerned mainly with the weather, how much corn got planted this week, and with the extended w...
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...
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.