Soybean futures bounced around on both sides of yesterday's closes in nearly a 30-cent trading range before settling about 7-9 cents higher. Corn futures prices traded as much as about 4 cents lower and 4 cents higher than the previous close before finally settling up just a penny. General Comments The U.S. dollar index was strongly higher again today as U.S. jobless unemployment claims last week were lower than expected, which was taken as a sign of a strengthening labor market. Any bit of good news about the U.S. economy forces comparisons with the economies of other developed countries, principally the EU and Japan, as well as with those of nearly developed countries such as Brazil, India, China and Russia. These days the U.S. looks go...
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.