Funds certainly did not show anxiety over the size of their July positions today. Prior to the market opening, there were still about 142,000 contracts of open interest in July corn, a rather large amount with only two trading days left before 30 June and first delivery intentions. General Comments Today's grain and soy markets were low volume affairs with limited price movements, and that leads to a one-word description – dull. This was the pattern during the overnight session, and it continued through until the closing bell this afternoon. Prior to the opening, there were still about 142,000 contracts of open interest in July corn, a rather large amount with only two trading days left before 30 June and first delivery intentions. When a...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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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.