GOOD MORNING, Prices started the evening mixed but turned lower by morning. Harvest weather over the next two weeks appears to be perfect. Current prices may now factor in strong demand from China as its hog herd numbers recover. Funds appear to take a few morning profits as China nears their week-long holiday that begins October 1. Soyoil is down on a sharply lower palm oil market. While the bull may be taking a breather, the upward path and current tops do not have a market reversal as of yet. There are reports that Brazil may have oversold beans and need to import for their domestic crush. According to Agricensus, Cofco reportedly is selling Brazilian cargoes for Oct and Nov shipmen...
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...