The recent record cold weather, especially in the South, will have some lasting impacts on agriculture throughout the new year. On a positive note, a likely benefit includes pest control in places where unseasonably warm weather last year let bugs thrive. On the negative side, many crops, ranging from fruits and vegetables to seedling softwoods that are typically planted in the coming weeks, will be stunted or killed. Meanwhile, poultry producers faced dramatically higher heating costs, particularly those who hatch chicks as they must be kept very warm. One of the biggest and lasting impacts, however, could be on nitrogen fertilizer. Global fertilizer prices were already making a bull run in the fall with China shutting down some productio...
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.