Corn Currently, Argentina’s corn harvest is 27.4 percent complete after advancing another 1 percent last week. The harvest is significantly delayed compared to recent years, primarily due to high moisture content of the grain and farmers’ focus on harvesting soybeans first. The greatest progress has been in the core zone with 85 percent already collected. Last week was interesting in Argentina’s corn markets. With CBOT futures posting a loss for the week, Argentine prices rallied through the week on strong trading volume. Prices for spot positions were up about $10MT/MT, while the June and July/August positions were up $10 and $15/MT, respectively. With the FAS market rising strongly and Chicago falling, one could...
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.