GOOD MORNING, In terms of political news, all remains quiet on trade negotiations but after the close yesterday, House Speaker Pelosi said the US was on track to sign the USMCA by the end of the year. There was talk of China agreeing to purchase as much as $1 bln dollars worth of US chicken parts, offsetting a general tone of disappointment that they are balking at purchasing a basket of Ag goods. The Dec 15 tariff looms large and would be disappointing to find them enacted. China still wants to reduce tariffs on their goods exported to the US. Lack of clarity on a trade deal and a neutral to bearish bean Nov WASDE still seems to have the market in a buy corn/sell bean trade, but new bulls have been testing the wa...
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...