Today's strong across-the-board rally by grain and soy futures is a throwback to the sort of price action seen during the bull market days of 2012/13. General Comments Following yesterday's big drop, U.S. and European equity markets stabilized with U.S. averages closing modestly higher. The Dow gained back about 72 points. The U.S. dollar index gained, while gold declined. As stability appeared to return, crude oil closed higher as did copper, ending a long streak of lower closes. The DJ-UBS Commodity Index closed higher. Its largest component, natural gas, soared again as more frigid weather is forecast for the eastern half of the U.S. for the next week.Shades of the late bull market! The overnight session had low volume and mixed prices...
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...