Wheat followed corn's gains despite the fact that Egypt bought Romanian and Russian wheat yesterday. No one expected U.S. wheat to trade. The EU reported that it has already exported a record 27.2 MMT. General Comments Soybean, corn and wheat futures were firm overnight and settled back to unchanged early this morning. However, they then spent much of today's session higher, led by the soy complex. Trading volume today was generally light, especially in soybean futures. It was Friday the 13th, and the markets found some short covering or bargain hunting after this week's lower markets. The USDA WASDE did not offer any bullish or bearish surprises. It will wait for the 30 June quarterly stocks and revised acreage numbers to make any signif...
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...
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.