General Comments Peculiar dynamics in commodity markets can sometimes stand out as red flags. The sole rally in the July corn contract last Friday was noted as an example. That price action appeared somewhat exaggerated in its bullish anticipation for several reasons. First, there is not a global shortfall of corn and panicked buying is unnecessary, unlike the need to acquire stocks in previous periods such as 1995/96. That lack of threat was displayed on Friday in the price action of corn contracts from December onward. Domestic stocks are tight, but it is feasible to bring South American corn to deficit regions of the United States. Lastly, fewer and fewer elevators are basing their spot prices off of the July contract. As a resul...
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.