Perhaps the biggest news of the weekend was the results of Argentina’s Presidential elections. The leftist ticket of Alberto Fernandez won the Presidency, though current President Macri did better than expected in the election. The concern now is whether the newly elected Vice President Cristina Fernandez, Argentina’s former President from 2007 – 2016 will reinstitute the leftist policies that created massive shifts in Argentina’s agricultural policies and markets. WPI’s South American analysis have an excellent analysis of the impacts in today’s MERCOSUR report. The CBOT today was mixed with soybeans finding some support from weekend trade news (China confirming that parts of the U.S.-China trade...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.