Regional News Last week’s commodity trade was executed under the duress of global market selloffs driven by the spreading coronavirus. This week’s trade is starting off on a firmer note with equities firming and helping reassure commodity markets. Today starts China’s ability to waive import tariffs on U.S. agricultural goods, which may start to alter global trade flows, depending on how liberal the government is with the waivers. Most of Europe’s winter crops are emerging/have emerged from dormancy due to a warmer-than-normal winter. The rate of emergence is about a month earlier than typical, leaving the crops vulnerable to a late freeze/frost. Analysts in Romania report that a recent cold snap in th...
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.