This week's corn export sales, which were well above expectations for the second week in a row, had no impact on today’s trade. Prices were lower in light trading volume. Meanwhile, there was no love around the wheat market. General Comments Today was a shortened trading session following yesterday’s Thanksgiving holiday in the U.S. and a very low volume trading day as expected. This was also “Black Friday,” the biggest shopping day of the year, which is perhaps what was occupying all the traders.USDA release its weekly export sales report this morning. Corn sales blew the top off of pre-report estimates for the second week in a row, totaling just over 2 MMT. Soybean sales were also good at 1.173 MMT, while wheat sales were less impressiv...
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.