The CBOT settled higher ahead of the December WASDE with soybeans emerging as the early upside leader. Wheat futures posted strong gains for the day as well, with technical buying supporting afternoon trade. Corn futures were higher, but mostly due to spread dynamics and general support from soybeans and wheat. Market rumors suggest that China is actively buying a myriad of U.S. ag and food products, from meat to baby formula, etc., to meet its Phase One purchase commitments (or at least get closer to meeting them). China was rumored to have also booked corn from the PNW for May shipment and Hong Kong wheat millers are asking for February/March wheat offers. So far, no rumors have been confirmed but smaller sales may show up in tomorrow&rs...
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.