THE OPEN July beans: 20 higher July meal: 1.40 higher July soyoil: 84 higher July corn 7 higher July weather: 6 higher The markets opened as expected but quickly traded on both sides, this time led lower by soyoil futures where the run-up in prices quickly found a technical correction. Scattered showers across northern Minnesota are noted, but the overall tension of the market goes to the continued pattern of dryness along the northern plains, and temperatures which appear ready to rise over the weekend. A stronger US dollar on the back of better economic data is negative as well. By midday, values were turning lower still as funds, disenchanted with choppy trade, seem to pull the trigger on more le...
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.