Trading on the CBOT was volatile once again with corn futures marking a 24-cent range while soybeans posted a 38-cent range. The market opened sharply higher but was quickly pulled lower by a wave of profit taking and short selling. Corn futures posted a bearish outside day on the charts just two days after marking a bearish key reversal while wheat futures sold off further and are approaching key trading range support levels. The soy complex managed to shrug off early weakness with soybeans and soyoil posting gains for the day, though the meal market struggled heading into the close. Funds were net sellers in the grain markets Wednesday, liquidating some 18,000 contracts of corn and 8,000 contracts of wheat. They were net buyers in...
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.