The CBOT was broadly lower with corn, soybeans, and all three wheats trading into the red. The day had the feeling of a broad “risk off” day with general position liquidation. Economic data released today increased concerns about a global economic slowdown, causing stock prices to tumble. That weighed on the CBOT as well amid a general investor “flight to safety”. Overnight weather forecasts turned more favorable for the U.S. corn and soybean crops. Previous runs suggested above-average precipitation for the bulk of the Corn Belt, but that trend is now much drier in the 6-10 and 8-14-day forecasts. Moreover, temperatures, except for the Northern Rockies, will be at or slightly above normal. The net effect is 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.