THE OPEN March beans: 5 1/2 higher March meal: 2.50 higher March soyoil: 3 higher March corn: 1/4 higher March wheat: 4 3/4 higher The markets opened higher and traded firmly on a technical basis led by soyoil which traded to new contract highs pushing oilshare back into recovery mode. The US drought monitor was released as well for the 90-day outlook which featured ongoing dryness for the western Corn Belt impacting US spring and winter wheat areas. Good export sales gave the market another reason to head back towards recent highs, a weaker US dollar, and ongoing problems in Argentina. Prices exploded into the midday hour, as a well bid market finally triggered trade over $12.00 March beans a...
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.