THE OPEN Nov beans: 3 lower Dec meal: 1.10 lower Dec soyoil: 1 higher Dec corn: 3 lower Dec wheat: 3 3/4 lower The markets started the day mixed but soyoil prices turned to the upside, triggering buy-stops and moving into new trading range highs for the move upward making it a key feature of the morning. A Sep. NOPA report, which was expected to show tighter oil stocks, held the key towards the morning rally. Spread trade included buy beans/sell corn and buy corn/sell wheat. At 10:00 export inspections were released as follows: Beans: 954,881 mt vs. 1,041,582 mt week ago (and vs. an expected 1.0 mt) Corn: 470,612 mt vs. 473,409 mt week ago (and vs...
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.