SPREADS Sep/Dec corn spreads continue to have heavy volume, with nearly 80K traded Monday, and is trading from 12 1/4c to 12 1/2c today. The spread traded out to 13c before encountering short-covering activity. Short-covering was noted in corn yesterday, with September open interest declining by 31,196 contracts, while March picked up 12,656 new contracts. Bean spreads remain fairly quiet with Sep/Nov trading from 2 1/4c to 3 1/4c carry. Sep/Dec meal spreads are slightly narrower trading into $4.80 from $5.40. PALM OIL Prices gained on Tuesday after data showed that Malaysia's July exports grew 20% on the year to hit a record high of 1.78 mmt according to CGS-CIMB. Cash offers for RDB palm and ol...
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.