The influence of enlarged corn production in the U.S., Brazil, Ukraine and other producing countries has created a new bearish psychology for the corn market that has more or less overwhelmed the impact of record-large corn demand.U.S. farmers harvested a 2013 corn crop last fall that was estimated by USDA to be 13.9 billion bushels. This was by far the biggest corn crop ever produced in the U.S. The severe Midwestern drought during the summer of 2012 cut that year's corn production sharply and drove corn futures prices to a record high of $8.325 on the continuous corn chart during August 2012. Understandably, the historically high corn prices seen during 2012/13 encouraged farmers in the U.S. and worldwide to ramp up corn production for 20...
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.