THE OPEN May beans: 1 lower May meal: 1.10 lower May soyoil: 68 higher May corn: 3 lower May wheat: 6 1/2 higher The markets opened as expected with short-covering in wheat and small liquidation in corn. Oilshare stayed on its higher path with Chinese and Malaysian prices firm, as tightening global supply continues with increased demand for food and biodiesel. Weather continues to be dry in Argentina and too wet in northern Brazil. Rains are due over the weekend and into next week for Argentina, but they may not be enough and soil moisture conditions may remain sub-par. There is talk that Mato Grosso in Brazil could see some areas declared as disasters. Cool and wet conditi...
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.