News Updates IRANIAN GRAIN IMPORTS: STOPPED OR DELAYED Estimates vary widely on how many ships and how much cargo is sitting in Iran ports waiting to discharge, but the total quantity of grain is reportedly close to 500,000 MT and the number of vessels ranges from 10 to 24. The sanctions recently introduced by the EU and the U.S. have made grain shipment payments very difficult, which has stopped discharge and curtailed any new shipments. Some delayed and afloat vessels are being rerouted to other destinations.Sanctions were not targeted at grain or food imports; but once in place, it was impossible to avoid these problems. An expert in the U.S. said there should be few shortages in Iran since the country only imports 15 percent of its fo...
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.