The CBOT saw stronger selling pressure than was initially expected with funds continuing to lighten up on long positions heading into Monday’s WASDE report. The soy complex traded higher initially before a mid-day retreat in soyoil futures pulled the market lower. Soyoil and soybeans finished higher for the day, however, with buying interest reemerging heading into the close. Corn traded lower and through major technical support while wheat futures were mixed. Spreads were well-supported with ample bull spreading. Analysts are expecting USDA to significantly lower its expectations for U.S. 2020/21 and 2021/22 ending stocks for corn and wheat while soybean ending stocks are expected to increase slightly. Analysts are also expect...
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.