The corn arrivals at India's major production centers have been slow as this kharif season’s crop is expected to be much smaller than last year. There have been some forward contracts at $257/MT, but traders are now skeptical that there will be enough material to procure and sell. India’s Corn Situation Further Deteriorates The corn arrivals at major production centers have been slow as this kharif season’s crop is expected to be much smaller than last year. The government of India (GOI) had estimated it would be 16.4 MMT, while trade had it at 12.5–13.8 MMT. The prices at market yards in southern India have increased to $235/MT and continue to rise. There have been some forward contracts at $257/MT, but traders are now skeptical th...
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.
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...