We are going into the fall this year with historically low natural gas prices, and the current bear market situation is being driven by one large factor.The U.S. Energy Information Administration (EIA) announced last week that U.S. natural gas inventories rose by 94 billion cubic feet to a total of 3.193 trillion cubic feet as of 28 August. That is 18.3 percent higher than last year at this time. It is also 4 percent above the five-year average, which is also higher than it was prior to 2010 because of the shale gas boom. The EIA numbers came in higher than most analysts expected. In fact, the range for the nearby contract between Memorial Day and Labor Day held steady at $2.60-2.95 per million Btu (mmbtu).Moreover, open interest on the NYM...
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...
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.