Markets opened much firmer than expected Sunday evening and then continued to strengthen during the night and into today's session. Soybeans were clearly the leader with corn and wheat following. General Comments Markets opened much firmer than expected Sunday evening and then continued to strengthen during the night and into today's session. Soybeans were clearly the leader with corn and wheat following. The trade was somewhat perplexed by the strength and attributed it to short covering ahead of Friday's USDA reports. Soybeans never did back up on the heels of significant fund buying. Corn pushed to new highs at the close, while wheat finished almost in the middle of its daily trading range.Today's commodity rally was broad-based with c...
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.