General Comments It was a down-and-up day for the U.S. dollar, reflecting the swing and sway of the prospects for a Greek bailout. Optimism that the bailout payment would be forthcoming in time to stave off a Greek default sent the euro higher. However, eurozone finance ministers have now concluded apparently that Greek's budget cutting approved last Sunday is not enough. They will not hand over the money until further cuts are made. Optimism quickly turned into pessimism, and the euro and dollar reversed. The dollar closed the day having gained against the euro, although it was mixed against other currencies.Risk promptly turned off. Stocks closed lower while gold climbed to $1,726.70, up $10.20 for the day. Crude oil resisted the pull...
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.