General Comments Short covering, fund buying and old crop/new crop spread action were the dominant features of grain and soy markets today. Overnight trading saw a continuation of Monday's strong performance and this carried through into the day session as well. According to the CFTC's last Commitment of Traders report, the aggregated fund position had edged to the short side of corn and barely for the first time in almost three years. And funds have been short wheat since forever. This probably explains why today's fund buying seemed to focus on corn and wheat although they were active buyers of the complex as well. Overall, there seemed to be a feeling that last week's selloff was overdone.The old crop/new crop soybean, soybean meal an...
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.