General Comments Corn has sold off a dollar and soybeans almost $2 in the past month. The strong basis and slow decline in open interest makes it appear that someone has been buying as funds reduced their long positions over that time period. That someone may be commercial end-users. Such acquisitions can make holders of grain increasingly wary about becoming overextended in short hedges. Even if Friday morning's USDA Grain Stocks report contains a bearish surprise, somebody has to sell first and buyers need to at least temporarily reduce their interest if prices are to make another move down. Sellers may become increasingly scarce if USDA's data is somewhat bearish and prices seem to still hold. Conceivably, a pronounced increase in sel...
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.