Regional News The latest weather forecasts predict above normal temperatures for nearly all of Europe (except France) and the Black Sea this week with significant heat developing in Scandinavia. Fortunately, precipitation will also be above-average for most of Europe (except Spain, Scandinavia, and the UK), which will keep crop stress to a minimum. The rains will likely delay winter crop harvest in parts of France, however, which is a trend that needs to be watched. The warmer/drier weather in the Black Sea has allowed harvest to progress earlier than usual. Belarus’ president Alexander Lukashenko said the country should ban the export of rapeseed to “regulate the prices” of the commodity. The governme...
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...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
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.