It has been another week of solid gains in the oilseeds world. More analysts are tantalizing farmers with the prospect of record soybean prices. Beans in the teens could hit a record, maybe. The historical high was $17.94¾ in 2012, which in real terms would require $21.98 bushel today. The March contract high is still 25 percent below that remarkable number. Still, the influences pushing it higher remain the same, a sub-par crop in South America, and rumblings of war in the Black Sea region. Let’s start with the latter. War in Beans Autocrats with nuclear weapons are challenging enough but Vladimir Putin adds the war gaming strategy of presenting complete irrationality. Will he, or won’t he? The most bullish commodity s...
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.