While the majority of market participants seem to know that crop conditions are rather subjective and statistically insignificant in relation to the final yields at this point, there also seems to be a general understanding that persistent declines in those ratings can turn into a trend.The composite of good to excellent ratings for corn, soybeans and winter wheat all declined by 2 percent today. Spring wheat was a notable exception because its average condition improved by 1 percent from a week ago. Of course the growing area for spring wheat differs from the primary region that is largely shared by corn, soybeans and winter wheat. The majority of market participants seem to know that crop conditions are rather subjective and statistically...
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.