After being weaker overnight and in the first half of the day session, corn and soy futures bounced off session lows to close higher despite the U.S. dollar's strength. The wheat market was not so fortunate. General Comments The midterm election dust is settling, and the Republicans are weighing their successes. They picked up seven Senate seats, assuring them of no worse than a 52-48 split with the Democrats. There are three undecided Senate races at this writing. The Republican is leading in Alaska where far-flung votes are still being counted. The surprisingly close race in Virginia still has not been called, although the Democrat has a narrow lead. Meanwhile, the Louisiana race will be decided by a runoff election on 6 December in whi...
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.