Over the long weekend, rainfall in Argentina was limited to portions of Buenos Aires as the rest of the main crop areas remaining dry. That plus a forecast of little (if any) rain for the next 10 days set the stage for soymeal and soybeans to gap higher when the Monday night session opened. Both rallied strongly, pulling the grain markets along for the ride. At the peak, March soybeans were up 17.5 cents with March soymeal up $12.20 in active trade, both hitting new highs for the move and setting up a volatile day of trade for soy and grain markets. Besides the Argentine weather outlook and assumptions of ongoing damage to both the soybean and corn crops, macro factors are also lining up. Hedge funds and money managers are alert to signs t...
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.