Wheat still struggles to find any consistent buying as the funds keep adding to their record short positions. General Comments Markets were lower in the overnight session on very light volume and very little news. The soybean and soymeal markets, however, did not remain docile once the day session opened and old crop soybeans exploded to 17-18 cent gains with meal up more than $7 by mid-morning. That strength brought a much more muted response in the corn and wheat markets that could only post minor gains.Trading volume in corn and soybeans today was very light, but wheat volume seemed to be more normal.U.S. equity markets were strong today. The Dow and the S&P set all-time highs again today. Crude oil was steady and the U.S. dollar i...
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...