The debate over just how small the U.S. corn and soybean crops are, along with how much rationing has been accomplished, will rage on for another couple of months. The markets remain extremely volatile, and that also likely will continue for a long time. November soybean futures set a new all-time high of $17.60 last Sunday evening and were trading 60 cents below that level by noon Tuesday. Nothing changed fundamentally in those 48 hours, but a tremendous amount of cash changed hands. A few weeks ago I wrote about some things to keep you awake at night. It is still important to remember that from a fundamental perspective we are in uncharted waters this marketing year. No one in the grain business has ever witnessed a shift this dramatic...
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.
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...