Long positions being held in the Brazilian soybean market are maintaining depressed levels on the offer side despite the big drop of CBOT. After falling almost 80 cents in two days, offers remain at +180 SQ CNF north China for July and +185 SQ CNF for August. Soybeans Argentina manage to exported only 5 MMT of present campaign soybeans through the end of June versus 7.2 MMT as of the same date last year. It shipped 2 MMT in May and also in June but is expected to deliver 1.3 MMT in July as well as August. As a result, Argentina’s export program is expected to be around 7.5-8 MMT. Export licenses thus far have reached 7.4 MMT, the minimum volume and probably close to the final number, which is another reason to expect not more than 8 MMT...
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.