The new Hurricane Nate will likely damage Mid-South soybeans and the market is pricing in a risk premium for this event. U.S. soybean exports remain robust while EU soybean imports are heading the opposite direction. New Potential Hurricane May Do More Damage to Mid-South Soybeans Press reports indicate exporters in the U.S. Gulf are having difficulty loading ships because they need good quality soybeans from the Midwest to blend with poor quality soybeans harvested in the Mid-South. Apparently, the poor quality southern soybeans were a result of the damage done by Hurricanes Harvey and Irma and other storms late in the growing season.Weather-damaged soybeans along the Gulf Coast are nothing new. There was severe damage to soybeans when H...
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.