Soybean Futures Jump on News of China Delegation Coming to the U.S. CBOT soybean futures prices rose more than 27 cents/bushel today on a report that China is sending a delegation to Washington, DC for meetings during 21-22 August. The group will be led by Vice Minister of Commerce Wang Shouwen, who is also China’s deputy international trade representative. The Chinese will meet with a U.S. delegation headed by Under Secretary of Treasury for International Affairs David Malpass. It is assumed the two groups will discuss possible ways to end the current U.S.-China trade dispute that has resulted in an additional 25 percent tariff on U.S. soybeans. While the market is obviously hopeful these talks will lead to a resolution of the disp...
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.