The Brazilian soybean market has been reactivated for new crop. Fueled by the drop in CBOT soybean prices, buyers have been showing significant interest, and Brazil’s paper market increased sharply this week as Chinese crushers are entering the market. Soybeans The good news is that the truck strike by one of Argentina’s most powerful unions ended 22 July. However, no further movements have been noted as of yet. The continued drop in CBOT soybean futures further reduced farmer selling, turning FOB replacement close to 170 SQ for spot position. Argentina’s soybean market has remained quiet with no offers of old crop soybeans this week. Likewise, trading activity for new crop remains muted as there have been almost no offers, although some...
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.
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...