The corn futures market may not have been a tower of strength today, but the December contract did close up 2 cents and within a half-cent of the day’s high. However, corn prices again traded in what has become their usual 4-cent range. General Comments Considerable attention is being paid to Sunday’s runoff election in Argentina between Daniel Scioli and Mauricio Macri. The most recent polls show Macri, considered a longshot underdog several months ago, holding a lead over Scioli. He is perceived to be more pro-business, although both have promised to devalue the peso, ease export licenses and reduce the export taxes on grains, soybeans and soy products. Argentine farmers have been hoarding soybeans as a hedge against inflation and deval...
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.