Grain contracts basically transitioned into horizontal trading patterns prior to the release of the November WASDE on expectation of a larger harvest. Such price action can be frustrating to bearish traders who anticipated that the data confirming a higher production would cause prices to work even lower.As commonly expected, this big crop just harvested became even bigger. That expectation caused Chicago futures contracts to decline immediately prior to the release of the 10 November WASDE report. Since then, grain contracts have basically transitioned into horizontal trading patterns. Such price action can be frustrating to bearish traders who anticipated that the data confirming a higher production would cause prices to work even lower...
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.