GOOD MORNING, As prices near the March 10 WASDE and Prospective Planting Intentions report, funds may do a bit of re-balancing. Helping in this balancing act was a very good stock market bounce as ideas float that the Fed will lower interest rates. Export traders hunt for signs of Chinese business, but CIF bids at the Gulf were soft, lower in the nearby, which does not suggest that business is at hand. US beans are still at around a $10/mt premium to Brazil. With the Coronavirus still up in the air, prices may drift higher but traders may not trust good bounces. Nonetheless, prices are on a good bounce this morning led by corn, which has now had the most impressive bounce off contract lows of any of th...
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.