Weak Rupee: Good for Exports , Bad for Imports The Indian rupee this week declined to a 10-month low. It was the weakest Asian currency against the U.S. dollar, which has gained strength because of good reports on housing and consumer confidence. Earlier this month, the Indian currency was trading at 54.13 rupees against $1, and at one point it was at 56.37 rupees against $1. The previous low was on 25 July 2012, when it was traded at 55.955 rupees against $1.There are two issues at hand: India's huge import bill and the import pressure on gold. India's huge import bill is the result of oil imports. Additionally, oil importers are in demand for U.S. dollars in the market. Gold is no longer the most sought-after metal because of the gover...
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.