As would be expected, the options market reacted to the weekend’s trade war news by increasing its bullish outlook for corn, soybeans, and wheat. The outlook for live cattle futures, however, continues to be bearish. For background on the methodology used in this analysis, check out this article (you should also check out our Risk Disclaimer). Again, the goal of this weekly publication is to give you a quick view of how the market perceives price risk over the near term. We also include the previously published charts, so you can see how the risk has shifted week-to-week. Here are this week’s charts: Corn The combined effects of March corn futures having seemingly reached a bottom for their recent push lower and t...
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.