The CBOT was almost uniformly higher to end the week as crop markets are increasingly concerned about the coming two-week weather forecast. The next week will be extremely hot and dry for the Midwest and corn and soybean yields are likely to take a hit. Just how hard-hit they will be remains the primary debate at the CBOT, but the consensus that negative impacts will be felt helped drive futures higher on Friday. Soybeans were the upside leader on the weather with corn and the rest of the soy complex in tow. Wheat was also higher with the CBOT market posting 20-cent gains, though the fundamental justifications were seemingly lacking. Funds were net buyers for the day and expanded long positions in the soy complex and covered part of their c...
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.
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...