The CBOT was higher to end the week with short covering and modest fund buying occurring ahead of the three-day weekend. Trading was generally slow, and volumes were light as few are looking to add risk heading into a weekend where a possible Russian invasion of Ukraine will be the focus. Tensions are growing in eastern Ukraine as ethnic Russians are provoking the issue with a car bomb that was detonated Thursday evening. There has been speculation that Russia will use instability in Ukraine (instability that it is largely creating) as an excuse to invade the country. Heading into the weekend, funds are thought to have bought 5,000 contracts of wheat (mostly HRW) along with 8,000 contracts of corn and 6,000 contracts of soybeans. Mar...
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.