General Comments The December corn contract basically has been forming a consolidating-wedge pattern since the middle of October. Normally, the formation of such a pattern happens after prices move in a sharp trend (either higher or lower), consolidate and then continue onward. However, the trend preceding this current consolidation was a rather gentle decline lower. As a result, the direction of any breakout in corn prices will be heavily dependent upon the contents of tomorrow's USDA reports.Fund managers who are currently holding long positions would naturally like to see corn, wheat and soybeans all close sharply higher tomorrow so that they can sell into increased buying, but they are likely to be disappointed without some significa...
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...
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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.