Overnight trade saw moderate volume and some modest weakening of grain and soy prices. The weaker prices prevailed at the resumption of trade this morning before quickly finding enough noncommercial buying interest to move them into positive territory. General Comments The U.S. Federal Reserve Bank’s Federal Open Market Committee (FOMC) meeting ended today. As expected, it left its interest rate unchanged. The Fed’s statement following the meeting was somewhat more upbeat than in December, including a forecast that inflation would reach the desired 2 percent level “in the medium term.” If it were not for uncertainties about the new Trump administration’s fiscal and economic policies, many analysts believe that the next rate hikw would com...
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.