After the long holiday weekend, the overnight session saw a moderate volume of trading. The day session saw wheat and corn prices holding on either side of (but not far from) Friday’s closes while the soy complex found some support. General Comments After the long holiday weekend, the overnight session saw a moderate volume of trading. Grain and soy futures traded mostly lower in the wake of private corn and soybean yield/production estimates from Intl FCStone and Informa, which were tilted more toward USDA’s view of crop prospects than the Pro Farmer crop tour’s comparatively pessimistic view. Debate over yields and the size of the crops will dominate markets until USDA releases this month’s WASDE with its updated estimates on 12 Septemb...
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.