The September WASDE failed to offer truly bullish surprises, but you wouldn’t know that from the CBOT’s reaction. The soy complex ended sharply higher for the day and November soybeans briefly challenged the $10.00 mark. Corn finished the day basically steady as pre-report gains were whittled away during the afternoon. Wheat futures broke lower after world production estimates were revised higher and Chicago wheat made a bearish technical move on the charts. The CBOT was stronger before the report was released, due largely to another solid round of daily “flash” soybean export sales announcements that put a bid under the soy complex. The weekly Export Sales report, offered bullish statistics for the 2020/21 so...
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.