The standard solution of most marketing analysts to the prospect of lower prices is to tell their producer clients to sell this year's crop plus the anticipated production for the next year or two. Selling anything early has been the worst thing a producer could have done in three of the past four years.I had a long conversation recently with a very large farmer I have known for many years. He is actually retired (sort of) while his son and two grandsons are managing the family business that includes more than 10,000 acres of farmland, a small commercial grain company and a trucking company. They are not a typical family-farming operation. Nonetheless, the patriarch's view on the current bearish market outlook and how they will handle marke...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.