Markets were soft overnight with corn and wheat 2-4 cents lower and soybeans down as much as 8-9 cents when the night session closed. That weakness evaporated as today's session started with soybeans again leading the charge higher. General Comments Markets were soft overnight with corn and wheat 2-4 cents lower and soybeans down as much as 8-9 cents when the night session closed. That weakness evaporated as today's session started with soybeans again leading the charge higher. The soybean complex is all about demand with the supply side being pushed to the background. USDA announced more sales to China this morning, and weekly export inspections were simply huge.The trade was looking for today's weekly crop progress numbers to show 70-75...
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.