Large-scale fund liquidation during the day session set the stage for old crop soybean contracts to sink 13-16 cents by the close. Adding to the bearish atmosphere, vessels are beginning to load soybeans at the main Brazilian ports. General Comments Just as expected, the Fed announced it was cutting back its quantitative easing (QE) 3 monthly bond-buying by another $10 billion, putting it at $65 billion per month now. The Fed maintained its generally positive view of the U.S. economy despite mixed signals on jobs. It did not change its intention to leave the Fed fund interest rate at near zero for quite some time. Fed watchers are interpreting this to mean that the rate will remain near zero until mid-2015, though subject to change, of co...
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.