General Comments The world's financial markets were miserable overnight and today with sharp losses posted everywhere. The French election coupled with the resignation of the Dutch cabinet left more doubts about the EU's ability to handle the eurozone debt problems. Then news broke that Wal-Mart is being investigated for bribery in Mexico, and that stock was down 5-6 percent. There was also poor economic news from China. Crude oil was sharply lower the first half of the session but slowly recovered some of the losses as the day wore on. The dollar was 0.2-0.3 percent higher.Stats Canada will release its planting estimates tomorrow morning. The market is expecting to see canola acres exceed 20 million for the first time ever. Total plan...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.