Today was a breakout. The only market in the red at COB was soyoil. After wobbling narrowly up and down for days based on only minor news headlines, reports of weather troubles in wheat and demand for soy encouraged today’s more substantive market response. The viewpoint that China would not buy has turned into China is buying, and there are hints that sourcing from the U.S. is getting a good look from buyers. It even rallied the typically moribund livestock markets. The protest marches and looting have not had the impact on the market that some expected. Equities have raced higher and commodity futures have been blasé. James Mackintosh of the Wall Street Journal explains that it is difficult to trade civil disorder. A C...
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.