Grain and soy futures markets were buoyed yesterday by the macro influences from the financial sector, and they were pulled back today by those same influences blowing in the opposite direction. The corn market, though, seemed curiously unmoved by the economic turmoil. General Comments Relieved financial markets rallied yesterday when China’s gross domestic product (GDP) growth in 2015 met expectations even though it was the slowest in 25 years. That sentiment quickly dissipated today as fears that the Chinese economy will slow further and that the world economy is stuck in neutral with developing countries mired in debt sent world financial markets tumbling lower again. Stock markets around the world gave back Tuesday’s gains and more as...
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.