Overnight trading was a mixed and low volume affair. The grains were slightly higher, and soybeans were just below Monday’s close. None of the lead contracts were able to muster as much as 10,000 contracts of trading volume. The day session began with a modest rally effort, but that did not last long. Thereafter, markets drifted indecisively on both sides of Monday’s closes. The most exciting closes were for May, July and August soybeans, all of which finished 1.75 cents lower. MGEX May wheat closed up 4.5 cents under the influence of flooding and standing water across the Dakotas and Minnesota, which still have a considerable amount of snow left to melt. The lack of price movement across the board reflects the absence of fresh...
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.