Trading was subdued with the August WASDE looming Thursday at noon (EDT). There is a general sense that traders are seeking to lower risk exposure going into the report that is typically a market mover rather than place new bets on what it might maintain. General Comments Grain and soy prices firmed somewhat overnight with soybeans leading the way despite the 1 percent increase in the good/excellent categories in USDA’s weekly crop condition report, released late yesterday afternoon. November soybeans were up close to 8 cents at the trading recess, Chicago wheat was 4 cents higher, and December corn was up about a penny. Soybeans were able to stay in the green during the quiet day session, although the November contract closed well below...
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.