First notice day for delivery against the March soybean and meal contracts is next week. That alone might keep the markets firm until we get into the delivery process. General Comments Markets were again firm in the overnight session, led by gains in soybeans and wheat. Corn was still evidently suffering from its big numbers in yesterday's USDA baseline forecast. We caution that the baseline numbers are just that, as Bob Kohlmeyer pointed out in yesterday's analysis. The more important USDA predictions will come late next week when USDA releases its preliminary look at the 2014/15 U.S. supply/demand situation during the Outlook Forum to be held 20-21 February.March soybean futures set new highs for this move before some selling took over...
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.