Markets were generally mixed to end this volatile, negative week that saw soybeans losing nearly 50 cents, corn a dime and wheat 10-20 cents. Both corn and the soy complex had small trading ranges. General Comment Markets were generally mixed to end this volatile, negative week that saw soybeans losing nearly 50 cents, corn a dime and wheat 10-20 cents. The much-advertised western Corn Belt rains were less than expected, leaving most of the dry areas remaining that way. Temperatures, however, will stay cool for the next six-10 days.USDA will release its first estimate of corn and soybean yields based on crop observations and surveys on 10 August. It seems most analysts are expecting to see the corn yield dip to 166-168 bushels/acre from t...
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.