THE OPEN May beans: 4 1/2 lower May meal: 4.50 lower May soyoil: 12 higher May corn: 5 1/2 lower May wheat: 1 1/4 lower Prices opened as expected but turned softer as the US dollar gained in strength. Beans and meal dropped lower against higher soyoil, pushing oilshare higher again. Soyoil prices quickly rebounded off session lows. A sense that higher acreage forecasts could be coming created a market flush of length as funds were noted taking risk-off in front of Wed. report. At 10:00 export inspections were as follows: beans: 425,364 mt vs. 495,329 mt week ago (vs. an expected 362,500 mt) corn: 1.695,215 mt vs. 2,017,525 mt week ago (vs. an expected 1,725,000...
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.