THE OPEN March beans: 2 lower March meal: .90 higher March soyoil: 39 lower March corn: 5 14 lower March wheat: 4 3/4 lower The markets opened on the defensive with oilshare continuing to trade lower and beans on the defensive. Fund selling emerged quickly for beans, with more profit-taking in wheat on its corrective pullback. Buy corn/sell bean trade continued, as prices in corn continued to hold on breaks. The coronavirus continues to keep markets on edge, particularly equities. Chinese media noted that 902 cases have been confirmed, and 26 deaths are attributed to the virus. The virus has been found in 29 out of 31 provinces. In other announcements, Rabobank...
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...