The CBOT was mostly lower in quiet trade with the federal government, most banks, and bond markets closed for the Columbus Day holiday. Trading volume was light, and traders were primarily focused on positioning for Tuesday’s WASDE report. The USDA is expected to increase its U.S. corn and soybean yields, production, and ending stocks projections tomorrow, which led to quiet selling on Monday. Funds were modest net sellers for the day but remain long corn, soybeans, and wheat amid an inflationary and tighter world supplies outlook. The weekly Export Inspections and Crop Progress reports are delayed one day due to today's U.S. federal government holiday. Malaysian palm oil stocks totaled 1.74 MMT at the end of September,...
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.