Trading in Chicago was quiet ahead of tomorrow’s WASDE. The wheat markets, receiving favorable weather reports for the U.S. and Black Sea regions, were lower and the most active contracts today. Corn and soybeans were steady as traders finished adjusting positions before tomorrow’s report while not adding any significant volume. Crude oil hit multi-year highs overnight as the Trump administration announced it would pull out of the Iran nuclear deal. The Dow and S&P 500 both headed lower mid-morning before recovering this afternoon to gains of 0.75 and 1 percent, respectively, as of this writing. The U.S. dollar is down 3.8 points and hovering above 93 while COMEX gold futures are down $1/ounce. WTI crude oil is up 3 p...
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.