General Comments The color theme for grain and soy complex futures today was firmly green. Prices began to move higher overnight as trading volume picked up. Short covering was the main feature across the board. Once again, weather was the trigger. Although needed rain fell over dry southwest Iowa, those showers moved toward the southeast into Missouri and thus missing Minnesota, western Illinois and the remainder of Iowa. Midwest temperatures should warm but only to seasonal levels by this weekend, which is a good thing. However, the next chance for rain over the dry western portions may not be until the last week of the month and this worries the shorts.There were two other seemingly bullish factors for the market to consider in addi...
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: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...