The markets found early, overnight strength after initial corn harvest results from parts of Indiana, Illinois, and Iowa showed areas where yields were 40 percent lower than 2018. Additional support came from confirmation that the cancelation of Chinese trade delegate visits to American farms last week was not reflective of poor negotiating progress. The trade-positive news put a bid under the soybean market especially, which finished the overnight session 13 ¾ cents higher (basis November futures). The day session featured mostly higher prices, except for winter wheat and soyoil which came under pressure. Livestock futures benefitted from the bullish cattle on feed report while spring wheat futures continued to climb higher...
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
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.