General Comments Markets took another breather today. After early gains could not be sustained, prices began to slide lower. The change in direction created some negative technical signals, which then generated fairly broad selling by professional traders and funds. Most of the selling across the board came from longs who were cashing some profits. A portion of the selling of corn also came from country elevators hedging purchases of newly harvested corn.Markets struggled to find relevant news. The Pro Farmer crop tour sent out mixed signals, finding some areas that are worse than expected and some others that were better than feared. Tour participants noted the extreme variability of crop conditions and yield potential even within very...
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.