During the last several weeks, investment/speculative money has been fleeing long positions in commodity markets for agriculture, energy and metals. Looking back at corn, soybean and wheat futures markets with the clarity of hindsight, it appears that the long Labor Day weekend in early September was something of a watershed. On 4 September, the first trading day following that weekend, CME November soybeans touched a high of $17.835. The December corn contract hit a high of $8.1475, and CME December wheat's high was $8.94. Prices of the November soybean and December corn contracts have not traded as high again. Although the daily high prices for CME December wheat did exceed the 4 September high a few times later during that month, it ge...
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.