General Comments It was a slow trading session with very little news to push prices either way. Argentina's farmers will start a five-day strike tomorrow. It should not affect world markets because of the short duration. Goldman dropped their price expectations for corn from $5.50 to $4.75 and for soybeans from $12.50 to $11.00. It is obviously not concerned about late planting having much impact on yields.Outside markets were also not much of a factor. Crude oil was a dollar higher and the dollar index was weaker. U.S. financial markets were weak. Soy Complex FUTURES The soy complex exhibited some overnight strength following yesterday's price collapse, but no buying could be sustained. The markets spent the rest of the day trading s...
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.