Grain and soy prices were mixed overnight, having traded on both sides of Tuesday’s closes. As the early morning trading recess approached, wheat prices edged lower. However, soybean prices staying around the prior close in expectation that new large sales to China would be reported by USDA. Corn was stuck between those two markets and was slightly lower at the trading pause. The soybean market was not disappointed as USDA/FAS reported a sale of 1.199 MMT to China for 2018/19, bringing the total confirmed sales to slightly more than 2.4 MMT. Trade comments suggest that there is more business to be reported and that additional sales may have been negotiated today. In any case, the soybean market took a “buy the rumor, sell the n...
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...
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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.