Before the day session opened this morning, USDA announced a sale of 190,000 MT of soybeans to unknown for 2015/16. Although it is not necessarily due to cause and effect from that sale, soybean and soy product futures were stronger virtually all session. General Comments We wish everyone a most Happy Thanksgiving. Even in this crazy, mixed up world, there are still many blessings for which we can all be thankful!!There is a strong tendency for grain and soy futures prices to trade higher on the day before and the day after Thanksgiving. Years ago when fall harvests took longer to complete, we assumed this tendency was effectively part of a seasonal post-harvest rally. However, harvests tend to require less time and finish sooner in more...
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.
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...