The placid overnight trading pattern was quickly cast aside as the day session opened. Renewed fund buying and bull spreading of soybeans and then corn quickly erased the small overnight losses and sent prices ratcheting higher. General Comments Corn and soy futures prices weakened slightly again in overnight trading as the market continued to digest USDA’s weekly report showing good U.S. planting progress and above-average crop conditions along with the implications of a favorable weather outlook well into late June. Wheat prices were marginally higher overnight, having been oversold Tuesday. As an aside, it must be said that early crop condition ratings, while interesting, are not particularly good indicators of final yields. They slowl...
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.