Weather across the Corn Belt and northern plains looks nearly perfect for the next two weeks and maybe beyond. Perfect is warm temperatures and below-normal precipitation. General Comments Markets opened lower Sunday evening on thoughts that the weekend frost/freeze was not as cold or as widespread as feared last Friday. November soybeans were as much as 10-11 lower in the first minutes of trade, but that turned out to be the low for the day. Corn and soybean markets rebounded on ideas that the USDA/FSA acreage numbers to be released tomorrow will reflect lower planted acres than what USDA/NASS has been using. This acreage argument rages every year with no resolution. Smaller planted acres would mean smaller harvested acres and that would...
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.