After trading slightly higher overnight, soybean futures prices gave way to a milder weather outlook and less than overwhelming weekly export sales data. The soybean market’s decline was one part of a broad down day for most commodity markets. General Comments As has happened frequently this summer, the main weather models are having trouble portraying weather conditions a week in advance, much less agreeing on what they will be. Conflicting readings from model run to model run and day to day have frustrated traders. Yesterday the soybean market posted double-digit gains, largely because the models called for a return of intense heat and limited rain across the Corn Belt beginning next week and possibly lasting for 10 days or more. That 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...
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.