May soybeans closed right at the 50-day moving average and at or near the day's lows. The next move might be whether or not the funds try to take that out tonight or tomorrow. General Comments Markets were steady most of the Sunday night session with soybeans just slightly higher, while corn and wheat were mixed. About the only market-driving news has been the truckers' strike in Brazil. The weekend news seemed more positive that it was coming to an end, but that isn't a sure deal just yet. As the day wore on, however, the market evidently believed the transportation situation there was improving. Markets turned weak and became progressively weaker right in to the close. Funds were fairly heavy sellers of corn and soybeans and, to a lesse...
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...
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.