THE OPEN May beans: 9 lower May meal: .70 higher May soyoil: 80 lower May corn: 1 lower May wheat: 3 3/4 lower Prices opened lower with more liquidation into the report tomorrow. The higher US dollar and the slower demand pace from China, along with a break-down in technicals, turns prices lower. Sharply lower soyoil futures trade triggers technical selling in beans. The soyoil price direction was on the coat-tails of a sharply lower overnight Chinese market, followed by sharply lower palm oil prices. Seasonally, palm oil supplies grow in the month of March, as may have been the case. Funds are selling wheat as a hedge against length elsewhere on the board. ...
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...
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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.