As we have noted before, February is often a period in which grain and soy futures markets mostly mark time until planting season for the new spring planted crops begins. By February the South American crops can usually be measured, and old crop supply/demand balances are pretty set. The next fundamental variable is usually spring planting of the new crops in the Northern Hemisphere, which always has a weather factor overlaying producer decisions about what to plant and how much of it to plant. Some fearless analysts start to scratch out supply/demand estimates for the new crop cycle. All of this will have a great deal to say about forthcoming price action of futures markets, but it is usually premature to say it in February.Each year has...
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.