The U.S. dollar will be driven higher by inverse policies whereby Europe and Japan are increasing liquidity while the Federal Reserve is ending quantitative easing and eventually raises prime interest rates. European Troubles The U.S. dollar will be driven higher by inverse policies whereby Europe and Japan are increasing liquidity while the Federal Reserve is ending quantitative easing and eventually raises prime interest rates. However, there are two notable side developments: The isolation of Germany in its opposition to the European Central Bank's intent to purchase loans and bonds The rise of the European Parliament (EP) as the adult governing body On the first point, U.S. Ambassador Anthony Gardner is not likely helping the situa...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.