Some forex analysts are becoming quite bullish on the U.S. dollar in 2014. A stronger U.S. dollar would impede the competitiveness of U.S. grain, soybeans and soy products in world markets in general, and it would effectively make bearish bets on the Argentine peso and the Australian dollar pay off.Thursday, 28 November, will mark Thanksgiving Day in the U.S. This is the one national holiday celebrated in the U.S. that has strong agricultural roots. It is commonly associated with a celebration of a good harvest held in 1621 by the Pilgrim settlers of Plymouth (Massachusetts) with their Native American neighbors. Actual documentation of this specific event is pretty slim, but the legend of it remains larger than life. Celebrations of harvest...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.