The January WASDE and Grains Stocks reports are now past, but their impacts continued to drive CBOT price action to start the holiday-shortened week. Corn and wheat saw significant pressure from the WASDE’s bearish implications while soybeans saw two-sided trade under the bullish influences of soymeal and bearish pressure from soyoil. Cattle futures were the upside leaders for the day, thanks to rising beef and physical cattle values, while the hog market pulled back from technical resistance. Funds were net sellers in the grains and oilseeds complex (except for soymeal) to start the week, with technical and fundamental conditions justifying this outlook. With the WASDE in the rearview mirror, the question now is “how low...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
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.