GOOD MORNING, The Quarterly Grain Stocks report is in the rear-view mirror, but it set in motion higher trade as bears have to decipher what smaller than expected ending stocks mean for their positions and future trading ranges. We have the data, and now it is the mission of the market to make sense out of those numbers in a digestion phase. Trading ranges moved higher to match the new fundamentals. The report was friendly beans and corn (more so the latter) with spill-over strength to wheat. The market was not expecting bean stocks to shrink to 913 mln bu, even though it’s still double the Sep 2018 number of 438 mln bu. Corn lost 300 mln bu relative to expectations. Funds purc...
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.