There are just 43 days left in 2020, and the grain and soy complex markets head toward year’s end with mixed messages. Based on recent price action following USDA’s November WASDE, the soy complex appears to be very bullish. The corn market is semi-bullish, but wheat futures struggle, not always successfully, to hang on to recent gains. This is an over-simplification, of course. There are quite a number of diverse threads of real and potential influences for markets to digest every trading day, and they do not always point in the same direction. As is so often the case for agricultural markets, weather is a key factor in current price action. This time weather is joined by Chinese activities, and either can drive daily price di...
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.