This was not so much a day of trade based on commitment but on ambivalence. Volume was modest at best, except in Feeder Cattle. Corn, soybeans, and wheat traded both sides of nowhere, influenced in part by Wall Street concerns about a recession, and the forecast for rain in Argentina. Apparently not worried about inflation is new Brazilian President Luiz Inácio Lula da Silva, who said his country’s target of 3 percent could be raised to 4.5 percent. Pessimism was not helped when China reported growth last year at just 3 percent, the weakest in decades. Chinese demand remains critical, as do competitor supplies in a world with tight stocks and geopolitical worries. The UN noted that the slow movement of Ukrainian grain vi...
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...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
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.