After three days of higher futures prices, mainly as a result of noncommercial short covering, grain and soy futures markets seemed due for a breather today. That is what happened for the most part in spite of certain price swings. General Comments The U.S. dollar fell rather sharply, and the stock market jumped higher today, mostly in response to the Fed's apparent cautious approach to raising interest rates. Even assuming that there is a rate hike this year, the expectation is that the increase will be small and gradual. Chairperson Yellen said that although the economy shows improvement, the Fed needs to remain "accommodative." It has been so with an interest rate near zero for six years and has also printed/poured many billions of do...
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.