Markets are still trying to figure out the impact of 2019 weather on crop production and historical references only make it partially easier. Prices in the U.S. have been as volatile as the weather, shooting skyward when incessant spring rains descended and now stabilized lower as conditions have moderated. Now Europe faces its second heat wave of the summer with temperatures expected to rise 10 degrees Centigrade above normal. However, past moisture may carry the crop through. Since the year 2000, Europe has experienced hot and dry summers four times (2003, 2010, 2013 and 2015). However, smaller crop production was experienced more in 2003 and in 2007, a non-drought summer (see graph below). None of the four events has been consider...
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.