There have been several recent weather issues such as the drought in western Canada and the warm, dry finish to the season in Western Europe, but none have changed the overall bearish market attitude. However, El Nino's continued developing strength is of ongoing concern.Weather really hasn't played much of a role in markets this growing season, although much of today's soybean rally can likely be attributed to a drier and warmer Corn Belt weather forecast for at least the next two weeks. August is the month for soybeans, and yield estimates remain high. A bushel or two reduction in those numbers can make a difference to the U.S. soybean balance sheet. There have been other weather issues around such as the drought in western Canada and the...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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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.