Corn continued to drift lower despite the weekly export number being above expectations. The November (new crop) soybean contract traded both sides of unchanged with little conviction. Wheat traded higher much of the day with 6-9 cent gains until the last minute of trade. General Comments Markets were quietly mixed overnight in light trading volume as they awaited this morning's weekly USDA export sales report and the latest weather forecasts. The weekly export sales totals all exceeded expectations with wheat much above at 800,000 MT. There were no significant changes in the weather outlook. The six-10 and eight-14 day outlooks still look cool with normal chances for precipitation across most of the Corn Belt. There is at least some rain...
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.