Soybeans Market Overview The U.S. trade war has been leading the soybean market for several months, but the latest developments (for the worse) have certainly enhanced the market’s focus on it. The Chinese decided to move on Brazilian soybeans last week and secured some Argentine origin as well. Buyers suddenly became nervous and decided to purchase all the available cargoes for nearby positions. Brazilian basis traded higher each day last week, reaching 183N for June and 190N for July CNF China by Friday. Brazil Origination was also moving in Brazil since the weaker currency compensated for the CBOT’s fall, while rising basis levels piqued farmers’ interest in selling their crop. Consequently, the FOB and CNF markets...
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.