General Comments It has been rare for wheat to be the futures market leader recently, but that is exactly what happened today. After five straight losing days, wheat bounced in a big way. The wheat market was due for some sort of a rebound, but the catalyst that put CME wheat up 30 cents at the close was news that Russia's Food Security Council would be meeting Friday to discuss the wheat crop and, presumably, related topics such as the pace of exports and domestic prices. Twice before when the Council met, it surprised by releasing rather bleak assessments of Russian grain production. Earlier this month it estimated that total Russian grain production would be no more than 75 MMT. USDA estimated the Russian wheat crop had fallen to 43 M...
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.