GOOD MORNING, The markets posted new highs in the recent rally with gap-higher technical action that found some interested sellers and gap-closure. Nonetheless many of the markets are on edge as some of the hotter weather of the season prepares to set up across the US. In the meantime, tropical storm Barry made landfall over the weekend raising the question of how much precipitation it will bring to thirsty crops. For the moment, the path of the storm appears to be heading further east, missing the areas that could use some moisture. At this point, the market is not willing to take out much weather premium until rains cross those needed areas. In the meantime, tracking money flows on Monday mornin...
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.