GOOD MORNING, Prices were higher across the board, but after the export sales report a round of profit-taking pushed most into the red for a reversal close. Soyoil was the exception, but tumbled 90 pts from its new contract high. Meal prices remain rangebound, but soyoil and beans are posting new contract highs, along with December corn. New money inflows are noted as funds now extend length on the back of positive technical signals. US values follow higher world prices, with China's Dalian beans, soyoil, and corn closing better. Today is first position day, with first notice day on Friday. As of now there are no corn receipts registered, 49 SRW, 91 HRW, 169 beans, 175 meal, and 1,273 soyoil. ...
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.