There is no denying that global stocks have been building over the last two marketing years. However, today’s record-large supplies are only half of the story. From a fundamental perspective, there has always been a more important number.As prices continue to slide and bearish attitudes prevail, one talking point that has surfaced often is that the world is awash in grains and oilseeds while actual supplies are at record-large levels. There is no denying that global supplies have been building over the last two marketing years. Excellent world crop production, spurred not only by good weather but also the world’s farmers pouring the coals to every crop input, has masked the fact that global demand has never slowed. This is a recurring theme...
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.
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...