Overnight trading saw soybean prices open higher on a rebound, then slip lower under more selling pressure while the grains hung on to trade marginally on both sides of Tuesday’s closes. An early rally attempt was quickly aborted. General Comments The Chinese soybean delegation and U.S. exporters signed frame agreements for the purchase of 4 MMT of U.S. soybeans valued at $1.8 billion in Indianapolis last night. This has been an annual public relations exercise to remind everyone, U.S. politicians included, of just how important China is to the U.S. ag economy. As noted here before, these annual frame agreements make for good press, but they cover purchases that Chinese buyers know they will be making and thus do not really add to the ult...
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.