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...
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.