Today is D-Day for the imposition of tariffs, and the U.S. implemented them on $34 billion worth of goods from China. That country then quickly followed suit. There has been enough talk about this impending trade war, and everyone in the world is probably tired of chatting and reading about it. Let it happen so that we get back to the business at hand: sorting out who is doing what to whom and reorganizing trade flows as needed. U.S. soybeans are reportedly $60-70/MT cheaper than those from Brazil landed in China. While that hasn’t offset the 25 percent tariff yet, the spread has certainly been headed in the right direction. Perhaps more importantly, it should also mean U.S. soybeans are that much less than Brazilian origin to every...
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.
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...