After uninspiring overnight trade, grain and soy prices did manage to climb higher soon after the day session began. Soybeans and meal were supported by fund buying and the expectations that still competitive U.S. soybeans will be able to snag more export sales over the next four-six weeks. General Comments Grain and soy markets were unable to sustain rallies in uninspiring overnight trade. They were a bit lower when the break in trading came along. However, prices did manage to climb higher soon after the day session began, but they did not do much thereafter. Still, corn, soybean and wheat prices did hang onto the early gains, and each closed up several cents and near the session highs. Soymeal also closed higher by more than $3.00, but...
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.