Once more, here are the advertised expectations for tomorrow's November WASDE. Some expectations include lower yield and production estimates, and harvested acreage. Industry analysts expects the USDA to cut corn exports given the slow pace and stiff competition from other origins. Friday's numbers will include updated harvest estimates for spring wheat and durum from several northern states impacted by adverse harvest weather. In the past five years, the Nov. WASDE has been bearish for corn and bean prices, but traders are hoping a late harvest and crop damage may buck that trend. U.S. PRODUCTION (Million Bushels) 2019-20 ...
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.