THE OPEN May beans: 13 1/4 higher May meal: 5.00 higher soyoil: 67 higher May corn: 1 higher May wheat: 5 higher Prices opened as expected with a cautious air from opening values given excellent planting weather for the month of April. May corn collapses, trading lower, while oilshare finds its footing as traders buy soyoil/sell meal. Traders buy wheat/sell corn as corn becomes the apparent sell leg of spread action today vs. wheat and beans. Meal prices find some weakness on continuing concerns over ASF. Reuters published an article quoting a source that sow stocks in northern China were 25-30% lower in the north from Feb. to March due to the latest outbreak of ASF. &n...
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.