GOOD MORNING, The week started off with negative vibes, as China indicated they would not buy beans from the US. Then the bean buying spree started and beans have not looked back since. A weaker US dollar, (as traders unwind previous buy US dollar/sell energies and buy US dollar/sell other currencies, including the Brazilian Real), fed into a higher market trade. If behavior speaks volumes in a market, the fact that on two days this week beans ignored very bearish news was a clue that higher prices would be around the corner. AgriCensus confirmed that Chinese state buyer Cofco purchased two cargoes for Sep and Sep/Oct delivery time frames, and other world buyers are coming to the market as US beans are globall...
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.