Yesterday's USDA reports showed much progress was made last week in harvesting the U.S. soybean crop. Illinois, Missouri, Indiana, Ohio, Kentucky and Kansas seem to be experiencing the biggest delays, while Minnesota and the Dakotas are ahead of the average pace. Huge Soybean Export Inspections Last Week, Big Increase in Soybean Harvest Yesterday's USDA reports showed much headway was made last week in harvesting and exporting the U.S. soybean crop. The crop progress report indicated farmers had harvested 70 percent of their soybeans as of Sunday. That was up from the previous week's 53 percent, but still below the past five-year average of 76 percent. Illinois, Missouri, Indiana, Ohio, Kentucky and Kansas seem to be experiencing the bigg...
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.