Corn confidently worked higher through this week. The soy complex tried to follow suit, while wheat traded in a rather indecisive manner. The reassuring fact about a market system is that all of these actions make sense in relation to current data. General Comments Corn confidently worked higher through this week prior to USDA releasing the global supply and demand estimate on Monday, 10 February. The soy complex spent the week trying to follow suit, while wheat traded in a rather indecisive manner as it rallied and then collapsed back on itself before again rebounding somewhat. The reassuring fact about the logical workings of a market system is that all of these actions make sense in relation to the data that is presently availabl...
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: 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...