The ongoing South American harvest and the possible increase in 2015 U.S. soybean acres in next week's report is a heavy load for the soybean market to carry, and prices eased lower again. Meanwhile, last week's export sales were not enough to keep corn from the influence of sinking wheat prices. General Comments Overnight trading in CME grain and soy futures saw prices advance, but higher prices did not survive very long during the day session. Wheat prices led the entire board lower. The U.S. dollar recovered from early losses to trade higher. Weather forecasts added more rain for Western Europe, Ukraine and Russia, and earlier concerns about dry conditions have disappeared. Rain prospects have also turned more favorable for the souther...
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.