The grain and soy markets remain in a consolidating mood after the recent price gains and seem to be seeking some sort of a comfort level. Argentine weather continues to dominate market chatter. General Comments The grain and soy markets remain in a consolidating mood after the recent price gains and seem to be seeking some sort of a comfort level. Overnight trade provided mixed price results amid rather subdued volume. The day session was quiet. Soybeans were weaker and then recovered somewhat from session lows. The day’s trading range for March soybeans was an unusually narrow 11 cents. Corn futures prices managed the usual 5 cent range that also saw prices drift a bit lower early before recovering to close about a penny higher. Winter...
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.