Grain and soy futures markets are currently juggling a number of important “balls in the air.” One might say this is always true, and it is. Out of the current array being juggled, however, some rank very high on the scale of importance. - Most obvious of these is the U.S.-Chinese trade dispute and this week’s cabinet-level negotiations in search of some sort of resolution. The ultimate outcome of these talks will affect U.S. agricultural trade for many years to come. Details from the meeting thus far are very sparse. China has apparently offered to buy a large amount of U.S. agricultural and energy products as well as ease the way for more U.S. investment in its manufacturing and financial sectors. This is a long wa...
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
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.