Soybeans Global soybean markets have been quiet these past few weeks with trading houses very cautious since any agreement between the U.S. and China could quickly bring basis down. China clearly must import at least 3-5 MMT of U.S. soybeans in its best-case scenario and should normally import 25-30 MMT. Nevertheless, the U.S. is neither selling nor shipping any to China at this time. The trade war’s impact is evident in that the U.S. Gulf did not ship a single kilo to China in May or June versus a few vessels each month during March and April. Even those volumes were reduced as traders were growing nervous about the eventual tariffs and played it safe by limiting U.S. purchases. Chinese buyers keep saying that even if basis calcula...
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.