Why have grain and soy markets broken out of their dull mode and rallied so sharply with the October WASDE now only three days away?Grain and soy futures opened the overnight session Sunday evening quietly and without much change in prices. While prices were eventually bid higher and trading volume picked up, there was nothing to indicate that the little overnight rally was anything more than the sort of price adjustments we saw during some of last week's market action. However, when soybean futures opened the day session Monday morning about 15 cents higher than Friday's closes with still higher prices quickly to follow as well as corn and wheat prices, it became apparent that Monday's rally was more than some minor consolidating adjustmen...
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.