CME grain and soy markets closed early today for the U.S. holiday and will not reopen until 9:30 a.m. (EDT) Thursday. They are often quite volatile on the first trading day following the 4th of July due to the importance of weather conditions and forecasts for the rest of the month as well as during the corn crop’s pollination period. Any changes to what had been expected before the holiday can cause a sharp and rapid market response. This year trade conflicts seem to have replaced weather as the market’s top concern of the moment (see today’s separate analysis). A last-minute reprieve from the tariffs that are to be imposed Friday by the U.S. and China would illicit a much sharper price reaction than a changing weather o...
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.