Grains and the soy complex prices were mixed, but not much changed overnight. They weakened, though, during the day session as the U.S. dollar strengthened. Weekly export sales volumes for old crop corn and soybeans were a little higher than expected. General Comments What markets give, markets can take away. The U.S. dollar rebounded from a 10-week low with the U.S. Dollar Index gaining back 0.7 percent. The bounce was partially technical and also in response to a favorable report on weekly unemployment claims that helped offset yesterday's pessimism on jobs. Tomorrow's jobs report from the Labor Dept. will trump all other inputs on the subject and probably direct how the U.S. currency finishes the week. For today, however, the U.S. doll...
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.