The weaker USD helped support grain and soy futures prices overnight amid decent trading volume. However, its influence waned during day session futures trading, and prices weakened across the board for everything except soyoil. General Comments The U.S. Dollar Index traded lower for the fourth day in a row as traders exit long positions ahead of tomorrow’s key U.S. jobs report. The fear is that employment growth may have stalled in January after the holidays and thus will delay another interest rate hike by the Fed in March. Some analysts who are bearish about U.S. economic growth prospects are betting against another increase any time in 2016. The weaker USD helped support grain and soy futures prices overnight amid decent trading volum...
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.