Grain and soy futures opened the overnight session mostly stronger on follow-up momentum and the bullish technical signals generated by Tuesday’s price action. Trading volume was heavy once again. Grain and soy traders seemed unfazed by financial market volatility as evidenced by Dow futures that were lower throughout most of the overnight grain session. Wheat was the price leader for the second day in a row, fueled by the lack of any meaningful precipitation and the return of very cold temperatures to add more stress to Plains HRW. Open interest (O/I) for soybeans as well as KC and Chicago wheat fell due to what we assume was short covering. A decline of almost 14,000 contracts in O/I for March corn was more than covered by increases...
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.