The market's price action since Christmas has turned technical charts for all three markets seriously negative. General Comments Please note that the weekly export sales report will be released Friday morning.Heavy fund liquidation of soybeans and soymeal set a decidedly negative tone for the entire market during the first trading session of 2014. January soybeans closed at $12.87, down 25.5 cents and the lowest price for a spot soybean contract since mid-November. March soybeans finished at $12.70, down 22.5 cents. January soymeal dropped almost $14, while the March meal contract fell $10.70. Soyoil slipped more than 30 points. The overall weather outlook for Brazil and Argentina continues to improve. It is turning drier in northern Braz...
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.