Yesterday’s post-report rally continued in overnight trading with grains and the soy complex all posting gains. That same pattern continued again during the day session with strength across the board until one market gave back most or all of its gains. General Comments Once again, it is all about weather. As the saying goes, everyone talks about weather, but no one does anything about it. In this case, that is not precisely true. Fund managers are doing something about the heat wave that is forecast to develop next week. They are beefing up their long positions in soybeans, soymeal and corn, buying back some of what they liquidated last week, in order to position themselves for any threat to crop yields and production.The next five days w...
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...
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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.