General Comments The elimination of price premiums, added to the value of corn and soybean futures over the last two weeks as protection against the risk of adverse growing weather, remained the futures markets' major pre-occupation overnight and again today. The two principal weather models remain in agreement that a period of wetter and cooler conditions will build over most of the Midwest and Delta starting this weekend. Individual model runs tend to shift the potential rainfall around a bit, but the overall message is clear. If all happens as advertised, the main production areas for corn and soybeans will receive episodes of beneficial rains over the next two weeks including the dry western and southern portions of the Corn Belt...
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.