Grain and soy futures prices never go in the same direction all of the time. This is the truism that supports the phenomenon known as Turnaround Tuesday – the tendency for Tuesday's prices to regain some of Monday's losses or give back that day's gains. General Comments Grain and soy futures prices never go in the same direction all of the time. This is the truism that supports the phenomenon known as Turnaround Tuesday – the tendency for Tuesday's prices to regain some of Monday's losses or give back that day's gains. Today the corn market gained back about half of Monday's losses, while soybeans took back all of its losses and more. The wheat market also tried to bounce back from yesterday, but that effort was washed out by rains in Okl...
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: 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...