General Comments There was no follow-through buying when the markets re-opened late yesterday afternoon following the very strong performance of corn, wheat and soybeans in Wednesday's trading session. November soybeans finished just 7 cents off the all-time highs that were set last Sunday night. Corn is well off the highs and wheat is dollars off its all-time highs set back in 2008. The wheat market is waiting to see what Russia says about its food security situation tomorrow following SovCon's cut in its wheat production estimate to 38 MMT. That is a smaller crop than in 2010 when exports were suspended. It is also a three-day holiday weekend in the U.S. this weekend (Labor Day), and that sometimes tends to limit volume and market acti...
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.