It is difficult to predict what the final farm program payments will be as based on harvest prices, contract prices, acres harvested and the like, but the savings from the farm bill are likely already spent – and then some.On 15 July, we reported that the likelihood of increased farm program payments was strong, given the bearish markets and the new farm programs. Now in mid-September and close to harvest, this is almost a guarantee. It is difficult to predict what final payments will be based on harvest prices, contract prices, acres harvested and the like, but the savings from the farm bill are likely already spent – and then some.Current corn, rice, cotton, sorghum and wheat prices already would trigger payments under the Price Loss Cove...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.