THE OPEN Jan beans: 2 1/2 lower Dec meal: .60 lower Dec soyoil: 6 higher Dec corn: 1/2 lower Dec wheat: 2 1/2 lower Prices opened as called but the feature of the morning was Trump saying that he has not agreed to roll back tariffs on China, though China would like him to do so. Once again, headlines took the trade in one direction or the other, but today it was lower as funds sold more corn and liquidated beans in the first part of the day. All this happened before the November WASDA data. Corn prices traded to new lows for the move down while beans worked backed towards trading range lows. Soyoil prices remained firm against meal. AT 11:00 the November WASDE was rele...
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.