The U.S. government did partially shut down at midnight (EST) Friday night, but Congress then reached an agreement today to extend government funding through 8 February. This Washington problem didn’t have any apparent impact on the markets today despite the closure of most government offices. USDA did release the weekly export inspections data (see chart below). Corn and soybean loadouts were better than expected, and wheat shipments were also good. Grain and oilseeds markets traded higher overnight, led again by soybeans and soymeal. Overnight volume was good. Some areas in the far northern part of Argentina had very heavy rains that caused some flooding. However, there wasn’t much over the rest of the country, and the foreca...
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.