Traders lured into short positions in the market by visions of another year of big crops on top of large carryout volumes decided they could no longer bear it. General Comments Pressure from all of the persistent June rains over much of the Midwest as well as forecasts of more to come finally reached a critical mass such that grain and soy markets could no longer bear it. More accurately, traders lured into short positions in the market by visions of another year of big crops on top of large carryout volumes decided they could no longer bear it. It is not as though the rains were a sudden surprise. Markets have moved higher, although erratically so, since late May, mostly due to possible spring planting delays. More recently, concern has...
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.