A few representatives from Chinese companies have been roaming around the northern Plains and visiting country grain elevator (silo) companies. According to local managers, they are interested in ownership or partnerships and want to be on the ground floor of grain origination.It certainly feels like this holiday season will be a very quiet one. That hasn't been the case the last several years because of the enormous volatility. Much of that is gone because of the record world crop in 2014 and a general feeling of comfort in world supplies. The holiday markets are still not what they used to be when offices and the floor were empty, and there was no one there to trade. We can trade from any place we may find Wi-Fi service these days, so if...
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.
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...