Soybeans once again led the CBOT higher after President Trump tweeted that meetings between he and President Xi were progressing nicely. That led to optimism for a trade war resolution, which of course sparked short covering. While an agreement is a long way off, the market really has little choice but to rally when news like this comes along. The soybean buying spilled over into corn and wheat and the CBOT was mostly green all day. USDA’s Export Sales report was largely neutral today’s markets with each commodity falling short in some areas and having bright spots in others. Corn sales and exports fell below their needed value this week, but YTD exports are up 76 percent from last year, which keeps a bullish demand...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.