Reverberations from last Thursday’s bearish WASDE together with the since-added prospects for rain over a good portion of the central U.S., including the very dry western Corn Belt, sent grain and soy prices tumbling lower again today. General Comments Reverberations from last Thursday’s bearish WASDE together with the since-added prospects for rain over a good portion of the central U.S., including the very dry western Corn Belt, sent grain and soy prices tumbling lower again today. These markets have lost their friends and have by now given back all of the weather premium they added during late July and August. The spot contracts for corn, soybeans and Chicago wheat hit new 2017 lows as speculative funds struggled to lose the rest of an...
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.