GOOD MORNING, Prices are mixed to begin the day with the major feature of lower oilshare. Meal posts a new contract high against sharply lower soyoil futures, while beans seem to be caught between the two markets. Wheat continues to hold up fairly well with more active tenders noted. For the morning, Taiwan purchased 91,300 tons of US wheat. Chinese meal, corn, and beans were all lower, with the US following. Harvest continues to weigh along with funds who remain long beans, meal, corn, and wheat. Funds may begin to liquidate more if key support levels are breached such as $10.00 Nov beans and $3.60 Dec corn. Traders will also keep an eye on spreads to see if they begin to widen as har...
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.