General Comments In anticipation of tomorrow's Grain Stocks report, market participants may have reversed the old adage, "buy the rumor, sell the fact," into "sell the rumor, buy the fact." There is already common anticipation that this season's early harvest could make the 1 September corn stocks numbers appear somewhat bearish. Bullish corn traders also had to deal with disappointing export sales this morning. Corn's low export sales number of only 400 ME seemed to have occurred as prior high-priced purchases were cancelled. The weak export sales were just further incentive for corn traders to wait until after tomorrow's report before deciding whether to trade the long side.USDA reports are commonly considered bullish or bearish in rel...
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.
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...