Soybean futures prices weakened again under pressure from the harvesting of a record Brazilian crop and clear evidence that buyers are focusing on that origin. The corn market was supported by export demand, both confirmed and rumored. General Comments The March futures contracts expired today without fanfare. There have been enough deliveries of nearly everything to ensure a quiet demise with very little open interest remaining.Grain and soy markets mostly edged lower overnight in the absence of anything to stimulate potential buyers. The day session had more of a mixed tone with corn struggling back into the green and soybeans staying solidly red with the overnight low for May soybeans down 14 cents at $9.92. Soybeans did recover enough...
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.