It was a day of cautiously trading the fundamentals ahead of the May WASDE. Corn and soybeans headed higher in modest volume while the wheat markets were mixed. Cattle futures continue to reflect growing late-summer supply expectations while buyer interest in feeder cattle is flagging. The hog market posted a strong rally today on higher cash values. Outside the U.S., the Wall Street Journal reported Argentina is in talks with the IMF to obtain a loan in effort to stop the dramatic slide in its currency in recent weeks. U.S. stock equities are lower as of this writing as volatility continues to reign. The Dow is off 114 points (one-half of one percent) while the S&P 500 is down a similar percentage. The CBOE VIX index is u...
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.
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...