The market movers this week included primarily the chances for moderate to abundant rainfall in Argentina, macro concerns about economic growth, and the impending switch to South American dominance in the export market. Soybeans will be the main beneficiary of rainfall in Argentina as it will be too late for nearly half the corn crop. Soybeans are now in a downtrend as South American production heads toward harvest. March soybeans lost ground three out of the four trading days this week, showing a cumulative decline of 21.25 cents and is now valued at 1506.5/bushel. That knocked it below prior support at 1508, which now moves that floor to 1462/bushel. March soymeal hit a contract high of 487/ST on 18 January but closed out the week...
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...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
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.