Despite a prolonged struggle to gain higher prices, DDGS merchandisers are reporting significant buying interest when FOB prices near $150/MT. WPI’s econometric models predict DDGS prices will increase by...It is no surprise that DDGS prices have struggled this year. From their high in June 2016 of over $230/MT to current prices near $148, ethanol plants and DDGS merchandisers have seen a continual erosion of the value of their product. Much of the recent pricing weakness can be traced to political events last fall. Between China’s tariff rate increase on U.S. DDGS and Vietnam’s ban due to contamination with the Ballion variety of beetle, U.S. merchandisers have found themselves with fewer places to move product and having to lower prices i...
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.