THE OPEN May beans: 8 1/2 lower May meal: 2.50 lower May soyoil: 4 lower May corn: 1 lower May wheat; 1 lower The markets opened on a mixed note but grains were higher on short-covering in wheat and new buying in corn. The wet and soggy start for March put the market on edge as farmers try to get corn into the ground. Corn gained on wheat and beans. Oilshare found profit-taking, as soyoil futures entered into extreme overbought conditions. A good rally was noted at midday as prices could continue to find support into the March 31 report. Allendale released their latest acreage forecasts ahead of the March 31 Planting Intentions: beans: 90.0 mln acres c...
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...