General Comments With limited fresh news, a stronger dollar and weakness in other commodities, financial markets and other asset classes in general, as well as grain and soy markets, had nothing going for them. They were again under selling pressure during the overnight e-session. Liquidation selling continued during the day session, and was especially heavy in corn. Selling was also heavy in the wheat market, but a lot of the non-commercial selling involved added to already established short positions.After setting back early in the day session, the soy complex tried to buck the trend. Buying was supported by USDA daily sales reports of 204,000 new crop soybeans to unknown and 30,000 MT of old crop soyoil to China. The latter was unusua...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.