Soybeans are supposed to be weakening as the demand leaves North America and crops in South America continue to look good. The problem is that the demand has yet to shift south. General Comments Corn and wheat markets were steady to slightly higher in the Sunday night session with soybeans lower. That's how the morning session opened, but there was an old crop soybean sales announced (140,000 MT to unknown). The weekly soybean export inspections were again well above expectations, and the weather forecast in Argentina took the rain out for later this week. That started a resumption of buying in the soybean market that almost took the March contract back to $13. Corn and Chicago wheat meandered around most of the session with little change...
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.