The day session saw a more decisive downdraft for grain and soy prices. Support from the cash meal market seems to be in rapid decline. Without that support, soybean prices were under pressure and were unable to provide the upside leadership that the grains have relied on. General Comments The overnight session saw grain and soy prices work lower, led by weaker soybeans and soymeal. The cash meal basis has weakened, and processors are eager enough to lock in the current very fancy crush margins that many have become aggressive sellers of meal at levels below published offers. The market seems to be signaling that the soymeal supply crunch is being resolved. Corn futures traded in a narrow range overnight but in moderate volume, while whea...
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.