The CBOT traded a volatile day to start the week, mirroring outside markets’ increased jumpiness. Apparent reductions in geopolitical tensions in the Black Sea sent wheat prices sharply lower for the day, even as crude oil and energy markets traded higher and remained on edge. Corn futures posted bearish reversals for the day after pushing to new contract highs. Soybeans and soymeal were the stars of the CBOT show, with the oilseed pushing to 20+ cent gains and soymeal continuing its recent rally. Funds were net buyers in soybeans and soymeal for the day, while selling corn and wheat positions. The weekly Export Inspections report was bullish soybeans and neutral/supportive corn and wheat. Soybean inspections exceeded their wee...
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.