Tomorrow, the USDA will release its January Cattle Inventory Report. Given USDA’s decision to drop the July mid-year report due to budget constraints, tomorrow’s inventory report has been highly anticipated. On Monday of this week, WPI noted the significance of the upcoming report. The next key insight into the markets will be the January cattle report which will show the size of the breeding herd, the size of the 2024 calf crop, and the number of feeder cattle outside of feedlots, i.e. calves under 500 pounds, non-replacement heifers, and steers over 500 pounds. This will be another important piece of information on the cattle inventory and is not expected to show conflicts with the Cattle on Feed report. Last year’...
What Matters Today... Fed holds rates steady as inflation uncertainty tied to the Iran conflict pressures equities and supports broader commodity risk premia Biofuel demand accelerating globally, with U.S. imports of used cooking oil and strong soyoil demand reinforcing upside across the soy c...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
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.