The probability is increasing for soybean prices to establish a long-term low during early 2019. End-users are encouraged to utilize any such price decline into new contract lows to extend hedges. The following analysis highlights reasons for a near-term sell-off in soybean and why the current full-carry pricing structure is no justification to continue hand-to-mouth procurement. U.S. trade negotiators seem hopeful that the Chinese will soon accept U.S. trade terms, a fact which would ideally result in added U.S. soybean purchases, or perhaps even stimulate Chinese buying that exceeds prior consumption patterns. That optimistic expectation seems common among American grain market participants. However, traders and politicians (inclu...
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.