Last Friday's collapse in soybeans and soymeal wasn't enough to discourage the bulls who bought early Sunday evening and again the last half of today's session. One of the reasons for today's gains was the record-large weekly soybean export inspections number. General Comments Markets opened steady Sunday evening, but soybeans jumped 9-10 cents higher in the first 20 minutes of trading on good (for a Sunday night) volume. That buying dried up with the corn, wheat and soybean markets spending much of the rest of the night little changed. However, it was better than expected after last Friday's rout in the soy complex.This morning's session was also fairly subdued until the weekly export inspections report showed that a record quantity (114...
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.
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...