THE OPEN Nov beans: 2 1/2 lower Dec meal: 0.60 lower Dec soyoil: steady Dec corn: 6 lower Sep wheat: 2 1/2 lower The markets opened as called with futures remaining in the red with a better round of short-covering noted in grains, and commercial pricing interest in corn. Pollination is starting to get underway for corn crops as we head into the end of July/beginning of August. Better than expected weekend rainfall and cooler temperatures this week are giving way to ideas that weather may turn more "normal" after the historic rainfall patterns of the spring. After the open, beans moved lower as the story broke that U.S. Sec of State Pompeo said China-based shipping company Zhuhai Zhenro...
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.