GOOD MORNING, Prices are mixed this morning, with oilshare weaker and wheat prices firmer but closing on trading range lows. Rumors of business have been swirling for wheat, and the market has been well bid for much of the week. Soyoil futures are lower, along with crude oil and palm oil. Meal remains steady / better, and bean prices are lower. More results from the Pro Farmer crop tour roll in, with results from Iowa and Minnesota. The tour found the Iowa corn yield to be 177.8 bpa vs. 182.8 year ago, and 183.6 bpa average. Bean pod counts were 1,146 pods vs. 1,107 pods year ago, and 1,136 pods average. Minnesota corn yield was 196.1 bpa vs. 170.4 bpa year ago, and 180.2 bpa average...
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.