Without a pipeline into the thinking of fund managers who have decided to re-enter the long side of the agricultural futures market in a major way, even after their unhappy experiences of the past two years or so, one can only speculate as to what is behind this move.As noted here several times recently, managed money pools, commonly referred to as funds, have begun to return to the long side of agricultural futures markets. The latest weekly Commitment of Traders (COT) report from the Commodity Futures Trading Commission (CFTC), released 17 February, showed the extent to which these funds have re-entered the grain and soy futures markets. It noted that as of 14 February, managed money pools were carrying the following aggregated futures on...
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.