THE OPEN Jan beans: 3 higher Dec meal: 2.10 higher Dec soyoil: 5 lower Dec corn: 1/4 lower Dec wheat: 1 3/4 lower Prices opened as expected with more spread activity as traders bought beans and sold grains, and bought meal/sold soyoil. A poor round of export sales for corn and wheat triggered fund selling, while continued demand for beans and meal helped to underpin that market. Crush data later added another reason for beans to stabilize at recent lows. Soyoil futures continued to follow weaker palm values. Beans were also supported by US officials stating that they were continuing to make progress in the latest push for a China/US deal, which created a jump in the stock market as well. ...
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.