THE OPEN November beans: 2 3/4 lower December meal: 3.70 higher December soyoil: 77 lower December corn: 2 lower December wheat: 3 3/4 lower Prices opened as expected with still trending lower oilshare a major feature of trade. Meal prices continued to place new ctr highs as more demand surfaces due to restrictions in Argentina's meal supply. Strong meal helped bean prices to stabilize, while negative technical signals in palm and lower canola triggered sell stops in soyoil. The following forecasts were made by Argentina's BA Exchange: 20/21 bean production was forecast at 46.5 mmt 20/21 corn production at 47.0 mmt 20/21 wheat production at 17.5 mmt vs. the May projection of 21.0 mmt. Wor...
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.