GOOD MORNING, Prices are mostly higher as strong performances this week emboldens the bean and soyoil bull. Soyoil futures have been in a strong uptrend since last year with consistently higher pullbacks holding for more upside on tight world vegoil supplies. Crude oil trades to new highs this morning, with canola setting new contract highs this week. Egypt purchased 60,000 mt in a completed tender on Thursday. One commercial firm announced plans to upgrade their US bean plants across seven states, increasing load efficiency at numerous plants and expanding crush which is designed to meet increasing food demands, including increased biofuel demand as a return to normal traffic begins. Oil World forecast the E...
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.