THE OPEN March beans: 3 higher March meal: .40 lower March soyoil: 45 higher March corn: 2 1/2 higher March wheat: 8 3/4 higher The markets opened as called with profit-taking in wheat and other spreads, namely long wheat against short corn and bean positions. Soyoil continued a firm trade vs. meal. A more severe break in wheat into the midday hour created pressure elsewhere on the board. The large break in wheat was not due to any fundamental change, but rather a technical chart adjustment. In an article from Dr. Cordonnier, it was noted that the Mato Grosso Institute of Agricultural Economics, (IMEA), reported that farmers in Brazil's major bean producing state had sold 99...
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...