The overnight session saw volume fade and prices wobble before finishing near Monday’s closes, but more of a price pattern developed during the day session. Some of this was due to unwinding of long soybeans/short corn and/or wheat spreads. General Comments The overnight session saw volume fade and prices wobble before finishing near Monday’s closes. USDA’s weekly crop summary did not give markets anything on which to trade. Corn maturity is still behind average, especially across northern areas. Thankfully, though, there is still no sign of a freeze through the first week of October. Soybean maturity was close to average. Corn harvest was not quite as advanced as expected, off by 2-3 percent, but soybean harvest met expectations. As usua...
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.