The CBOT continued its trend lower today with little news except more confirmations of large yields. Livestock futures were sharply lower on slow cash cattle trade and a renewed focus on the bearish fundamentals for the U.S. hog market. Wall Street is lower today after the S&P reached new highs yesterday and the Dollar Index remains under pressure from President Trump’s comments directed at Fed Chairman Powell. The Fed’s meeting minutes show the central bankers discussed raising rates sooner to combat “excessive economic strength” but also examined how the global trade wars will affect businesses and households. Crude oil is higher after government data showed a larger-than-expected drawdown in stocks last...
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.