Based on pre-report expectations, corn was supposed to be the market's bullish leader, while soybeans were to be further pressured by a large gain in planted acreage on top of already huge world supplies. Today's numbers did not exactly match those predictions.For the last several years, questions regarding demand for U.S. grains and soybeans and also whether there were enough supplies to both meet demand and leave minimal carryover stocks drove futures market prices as well as created a high level of volatility. Those questions seemed particularly acute from December-February, which is the second quarter of the corn and soybean crop years. During this period, final U.S. production levels were identified and demand trends became more eviden...
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.