THE OPEN May beans: 3 higher May meal: .60 lower May soyoil; 61 higher May corn: 3/4 lower May wheat: 4 1/2 lower The market opened as called with the feature of the day that of lower wheat trade. Buy beans and corn/sell wheat continued throughout the morning. Soyoil futures continued to gain on meal supporting oilshare on the hopes that China would need to buy more vegoils. Political tensions between India seem to have also eased as of late. The spike-higher trade in palm set the tone for firmer soyoil values early in the session, and more fund buying. The latest news from Argentina, according to AgriCensus, is that the Agriculture Ministry confirmed it will inc...
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.