Brazil’s soybean market keeps heating up with the basis showing a regular daily increase as the old crop offer is being reduced due to the very negative origination margins. The issue is that this origin is well above FOB trading levels, making it very difficult for exporters to obtain stocks from farmers. Soybeans South American soybeans have been gradually heating up. The struggle between Chinese crushers and South American producers is showing that the latter are leading the trend this time. Farmer selling for beans is slow in all countries (Argentina, Brazil, Uruguay, Paraguay), and origination margins are very negative. However, that is also clearly true for Chinese processors’ margins, although they need to continue crushing in thei...
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.