Indecision was the uniform message conveyed today by the charts of corn, wheat and soy complex futures contracts. The wheat market is also a promising bullish story in the works, but it still needs some editing. General Comments Indecision was the uniform message conveyed today by the charts of corn, wheat and soy complex futures contracts. Slight increases in global production and reduced U.S. exports could cause tomorrow's WASDE report to be construed as somewhat bearish for corn. If there is no contrary influence contained within the data of wheat or the soy complex, all of the grains may experience a limited selloff as large speculators with short positions attempt to prove they are still in charge. Rain delays are not a threat to the...
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.