THE OPEN Nov beans: 5 1/4 lower Dec meal: 1.90 lower Dec soyoil: 12 higher Dec corn: 2 1/2 lower Dec wheat: 5 lower Prices opened in line with trade expectations, with traders returning to a buy soyoil/sell meal trade, which ultimately lifted beans higher from lower. Wheat prices continued to find pressure, while corn prices found renewed support from beans. The higher US dollar was mostly negative for wheat, as traders unwound previous buy wheat/sell corn. Mo./ Illinois weather is wetter, and forecasts suggest that the western corn belt could see rains. However, given the declining ratings, the bean market is in a "show-me" the precipitation. More private esti...
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.