THE OPEN July beans: 46 lower July meal: 9.50 lower July soyoil: 340 lower July corn: 26 lower July wheat: 21 lower Prices opened lower as expected, hitting low end price targets before seeing some short-covering and stabilizing trade. Oilshare firmed again with spreads firming as well. End-users were noted taking advantage of this extreme weakness in order to get something covered. Many other soft commodities such as sugar were also lower. At 10:00 export inspections were as follows: beans: 128,092 mt vs. 239,384 mt week ago (vs. an expected 150-300,000 mt) wheat: 480,341 mt vs. 493,638 mt week ago (vs. an expected 275-500,000 mt) corn: 1,5...
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.