Prospects for demand should not be ignored. When it comes to supply/demand analyses for grains and soybeans, it is the yardstick by which we judge the adequacy of supplies.At the end of May each year, grain and soy markets are understandably focused on planting progress for the new spring-seeded crops and the condition of winter-seeded crops with a heavy overlay of weather prospects for both. U.S. corn planting is in its final stages at the end of May 2015 and a majority of the soybean crop has been planted, occurrences that are both earlier than average. U.S. HRW is being pummeled by excessive rains in Texas and Oklahoma, and the odds are that some loss of quality has occurred. There may also be some reduction in quantity as well, but neit...
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...