News Updates As prices continue to rally for all grains, oilseeds and protein meals, export buyers are staying as far away from the market as possible in the hopes that the situation will improve and prices will slide lower in coming weeks, which could be possible. Buyers said they would stretch their current stocks as far as possible or just buy smaller fill-in quantities until the market has settled. The general feeling is that prices will remain higher than expected earlier in the year but that the highs this week are due to panic in the market. Nothing like a little weather to get the market agitated. EGYPT UPDATE According to a spokesman for the Egyptian President Mohamed Mursi, Egypt foresees the IMF loan discussions moving forward...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.