The results of a recent WPI poll which asked respondents how bullish or bearish they are for grain and soy prices for 2019 were striking. Of the respondents, 47 percent said they are slightly bullish, 41 percent are slightly bearish, 6 percent are very bearish, and 6 percent are neutral. None of the respondents were “very bullish”. Effectively, a total of 47 percent of the poll respondents are on the bearish side of neutral, and 47 percent are on the bullish side. To put it another way, those respondents who hold bullish opinions are exactly offset by an equal number holding bearish opinions. It is true that a large majority of poll respondents holding opinions about the market are only slightly bullish or slightly bearis...
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.