It is G-20 week in Buenos Aires, and the highly-anticipated side meeting between U.S. President Trump and Chinese President Xi slated for 30 November is center stage as far as agricultural markets are concerned. U.S. soybean producers desperately hope it will lead quickly to some sort of an agreement that results in China lifting the 25 percent tariff on U.S. soybean imports implemented last July. That tariff has created a de facto embargo on fresh U.S. soybean sales to China along with cancellations of those previously made but unshipped. It was imposed as U.S. farmers were in the midst of growing what appears to be a record soybean crop. As a result, soybean futures prices have fallen more than $1.50/bushel since May, and cash soybean bas...
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.