Soybean futures contracts closed up about 1 cent except for January, which gained 3.25 cents and is now at a 10.5 cent premium to March. The inverse has been mainly a response to problems moving spot supplies due to the recent storm and flooding, not by a shortage of soybeans. General Comments After the Chinese stock market fell almost 7 percent yesterday, triggering a negative ripple effect throughout world equity and commodity markets, China’s central bank intervened today by supporting the yuan and pumping about $20 billion of short-term liquidity into the country’s financial markets. This helped calm some of yesterday’s fears of a major Chinese economic slump. The Shanghai Stock Index closed with only a minor loss today. Some China-de...
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.