THE OPEN November beans: 9 3/4 higher December meal: 2.40 higher December soyoil: 13 higher December corn: 2 1/2 higher September wheat: 4 1/4 higher Prices worked higher as the setback this week has been hefty. Shorts were covering with some also picking bottoms. Grains got a continued lift with wheat in the lead, having lost the most up to now. Prices turned higher into the open on fairly good volume, which signaled an extension rally after the session started. Since there has been no fundamental news to merit a rally, today's move up was mostly technical in nature against the backdrop of the steep losses this week. There was light chatter in the marketplace specula...
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.