Uncertainty remains the key certainty going into 2014.Two seemingly conflicting forecasts for 2014 involve concurrent value accretion for the U.S. dollar and ag commodities such as corn, wheat and sugar. The Bloomberg survey of analysts sees declines in soybeans. This is all driven in part by foreseen improvement in U.S. and global economic growth that boosts the dollar and the demand for commodities. Trade policy changes in the pipeline will arrive too late to affect 2014 very much, and forecasters say the 2010 stated goal of the administration's National Export Initiative (NEI), of doubling U.S. exports by 2015 is now unlikely to come to fruition. WPI had noted back when the NEI was announced that it would require a substantial fall in th...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...
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.