GOOD MORNING, Prices were firmer overnight but have since turned lower. Wheat futures are lower with larger production out of Russia and Canada, as world supplies grow. Russian wheat prices are lower as new crop hits the market. Beans are weaker on more fund liquidation as good weather promotes further production and yield talk, along with new headline stories concerning China. Headlines state that China said it would impose sanctions on 11 US citizens, including Sen. Ted Cruz and Marco Rubio in retaliation for similar measures by Washington against Hong Kong and Chinese officials on Friday. Tensions continue between China and the US as the White House announced a ban on TikTok and WeChat. Co...
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.