SPREADS Sep crush firms back to 98c/bu while oilshare eases off its monthly highs to trade to 31.78 percent. September contract liquidation continues, with deferred spreads widening out for corn. Dec/March trades out to 10c from 9 1/2c. The Dec/Dec inverse weakens below 10c to trade back to 9 1/2c. Sep/Dec corn firms into 8 1/2c from 9c while Sep/Dec wheat trades from 7 1/4c to 7 3/4c. September wheat still holds the largest amount of open interest for now, at 172,710 contracts vs. Dec at 114,342 contracts. September open interest was down 4,931 contracts suggesting long liquidation. December corn open interest stands at 528,334 vs. Dec at 747,697 contracts. Most of the spread tr...
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.