Jul 22 Corn closed at $7.7325/bushel, up $0.0025 from yesterday's close. Jul 22 Wheat closed at $10.7075/bushel, down $0.005 from yesterday's close. Jul 22 Soybeans closed at $17.455/bushel, down $0.235 from yesterday's close. Jul 22 Soymeal closed at $429.1/short ton, up $1.6 from yesterday's close. Jul 22 Soyoil closed at 80.81 cents/lb down 1.82 cents from yesterday's close. Aug 22 Live Cattle closed at $136.2/cwt down $1 from yesterday's close. Aug 22 Feeder Cattle closed at $174.475/cwt down $1.55 from yesterday's close. Jul 22 Lean Hogs closed at $105.475/cwt up $0.475 from yesterday's close. Jul 22 WTI Crude Oil closed at $120.27/barrel down $1.24 from yesterday's close. ...
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.