There were few developments in either the FOB or FAS grain markets early this week in Argentina due to national holidays there. Local premiums did not even react when the CBOT showed some large shifts. Nonetheless, many companies need to execute corn transactions to ensure fluid logistics. Grain Markets There were few developments in either the FOB or FAS markets early this week in Argentina due to national holidays there (Bridge Public Holiday on Monday and Feast of the Immaculate Conception on Tuesday). Local premiums did not even react when the CBOT showed some large shifts. Nonetheless, many companies need to execute corn transactions to ensure fluid logistics.There are still some sellers offering April and May at about 40 CK with som...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.