It was a topsy-turvy day in the markets both before and after the release of USDA's October reports. Volume in corn and soybeans was very large. Wheat volume was good, but not as big from a relative standpoint as the other two markets. General Comments It was a topsy-turvy day in the markets both before and after the release of USDA's October reports. Markets were slightly lower during the night session and generally traded lower ahead of the report. The USDA numbers (reviewed in a separate analysis) were not as bearish as expected, which prompted a quick change in corn, soybean and wheat markets to trading higher. That pattern repeated several times in the half hour following the release of the report. Corn and soybean markets, however,...
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...
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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.