Grain and soy futures prices fell yesterday after USDA’s bearish production and supply/demand estimates. Several new contract lows were set. General Comments Today is Veterans Day in the U.S., when the country celebrates those who have served in the U.S. military past and present. It used to be known as Armistice Day to commemorate the end of the First World War 97 years ago today. About 60 years ago it was changed to Veterans Day. All federal government offices are closed. The EIA’s weekly ethanol and energy report is delayed until Thursday, and the weekly export sales report will be released Friday. We would like to add our thanks to those who have served in the U.S. Army, Navy, Marines and Coast Guard helping to maintain the freedom th...
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...