General Comments Surprisingly heavy rain fell across parts of Iowa, Illinois and the northern Corn Belt over the long weekend as a frontal system stalled over the area. Reports of 2 inches were common, but some reporting points clocked as high as 6 inches. Some local flooding was reported. Rainfall was lighter moving east. There are a couple of other systems slated to move eastward from the Plains this week, but their impact may be felt more in southern portions of the Belt. Late planting and the latest rains have some observers wondering if we are seeing a situation similar to 1993, when it rained so much all spring that flooding and ponding caused the loss of significant planted acres as well as severe flooding along the Mississippi Ri...
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.