The 30 June reports on acreage and quarterly stocks are already affecting grain and soy markets a week in advance. The apparent decline in crop conditions and the unknowns of those reports are encouraging noncommercial shorts to cover some of their positions. General Comments There were all sorts of things swirling around grain and soy markets today. Greece proposed some relatively austere reforms in response to pressure from other eurozone countries, and the International Monetary Fund (IMF) offered hope of funding for its latest debt crisis. The measures proposed are likely to be very unpopular domestically, and they merely delay the problem rather than resolve it. That news together with a statement by a high U.S. Fed official that the...
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.