Some are raising concerns that cooler temperatures and excess late season rain have caused quality problems for the typically high protein/strong gluten spring wheat crop. There is the threat that the lower quality wheat will end up being delivered against futures contracts and is causing falling prices in Minneapolis. That concern has not been reflected thus far in USDA’s weekly Crop Progress report. The share of the hard red spring wheat crop rated Good/Excellent fell from 74 percent at the beginning of August to 72 percent last week. That is still well above the average of the past ten years, and strikingly better than the 2021 and 2023 HRS crops at this time of the season. Thus far in August, the December HRS contract has f...
What You Need to Know Today: The Personal Consumption Expenditures Index (PCE) rose 4.1 percent year-over-year, in line with expectations. Core PCE, which excludes volatile energy and food prices, rose 3.4 percent year-over-year, also in line with expectations. Bayer secured a favorable Suprem...
USDA released its Quarterly Hogs and Pigs report for 1 June today. There were 73.7 million head, which was down slightly from 1 June 2025, as well as from 1 March 2026. The hog herd sits at the same level it was on 1 September 2025 and is the lowest for June since 2023. From 2016, after the re...
Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and...
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.