THE OPEN May beans: 22 higher May meal: 4.40 higher May soyoil: 72 higher May corn: 4 higher May wheat: 3 1/2 lower The markets opened as called with the soy complex quickly tacking on gains with sharply higher trade. New money flows and technical buying activity was noted for beans and soyoil, with November beans and Dec corn once again trading to new contract highs. Technical buying activity was noted for spreads as well, which were also firmer out of the gate. Harvest remains slow in Brazil, with stories of quality issues. According to a survey conducted by Brazil's Safras & Mercado, the schedule of bean export shipments was an estimated 6.45 mmt in Feb., vs. 6...
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.