General Comments Overnight trade in grain and soy futures found soybeans enjoying support from more non-commercial buying while grains traded in mixed fashion. Grain and soy markets are due for a pause and some adjustment from this week's sharp rally. The overnight pattern set the tone for daytime trading. Some profit taking was evident, but without a significant change in the weather outlook, traders will be very cautious. Trading volume was noticeably lighter than the past two days but still remained in the moderate range. Trader caution was clearly evident when a lack of sellers allowed nearly all grain and soy contracts to close the day session with green numbers. Markets remain technically bullish. Markets will soon be due for some...
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.