The CBOT opened higher Monday night and continued that trend into Tuesday morning with export rumors and macroeconomic developments supporting values. Corn and soybeans were the early upside leaders, but eventual spread trade left the corn market to fade this afternoon while soybeans maintained their strength. Dry weather across Europe and the Black Sea also supported trade early in the day and a stronger Brazilian real helped grains firm as well. One supportive factor for the grains complex today was the massive short position funds hold in corn futures. Contrary to the market’s expectation, Friday’s CFTC report showed that funds sold another 31,000 futures contracts and now hold one of the largest short positions in cor...
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.