General Comments Markets will be closed on Monday for the Memorial Day holiday.Markets were relatively quiet in the overnight session on limited volume ahead of the long weekend. Oilseeds markets were very tentative following the collapse in July soybean futures late in yesterday's session. That contract closed lower after trading as much as 50 cents higher.Outside markets were mixed to lower today. Gold and silver were slightly lower. Crude was down nearly a dollar much of the day. The dollar was slightly lower. U.S. financial markets were slightly lower. Soy Complex FUTURES Old crop soybean futures were on the run today, following the major break late in yesterday's session. That steep break followed sharply lower basis levels earli...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.