Last year's Canadian crops blew away previous production records by an incredibly wide margin. The 2014 crop production estimates are back to more normal levels, but will likely shrink some with adverse harvest weather and now the potential for an early frost/freeze threatening to reduce yields and quality.Stats Canada released its estimate of stocks on hand as of 31 July 2014. The wheat and canola stocks were smaller than the average trade estimates, but they are still huge.The fact that the all wheat stocks number came in 900,000 MT below expectations seems like a great deal, and it would be in a more normal year until considering that the total is still up 94 percent from last year. On farm wheat stocks are up a whopping 268 percent from...
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.