Corn and soy complex markets were weaker to finish the week as fund selling continued. Chicago wheat gained on fund buying relating to improving export prospects for U.S. wheat. General Comments Wheat ended the night session up 2 cents with corn down 1/2 cents. It was the soybean market that was again the weakest finishing down 5-6 pennies. Overnight trading volume was light. Today’s trading pattern was similar, except that soybeans dipped to double digit losses before noon. Soybmeal and soyoil futures were also lower though market news hasn’t changed. Crops in Brazil and Argentina appear to be getting bigger and, in the U.S., there are still several very good chances for some meaningful rains across the dry southern plains hard red winte...
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.