No Relief for Argentine Crops Some meteorologists indicate this year’s summer growing season is turning out to be the driest in Argentine history. The only saving grace is that the soils were mostly very moist at planting time, and it will be a while before the drought’s impact is evident. After the driest February in decades along with high temperatures, however, the soybeans are in terrible shape. Last week the Buenos Aires Grain Exchange rated 45.3 percent of the crop as very poor, 30.7 percent as poor, 21.1 percent as fair and 2.9 percent as good or excellent. 72 percent of early-planted soybeans and 85 percent of those planted later were considered poor or very poor. Because of the drought, several analysts have sharply r...
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.