General Comments Grain and the soy complex faced three important or potentially important influences today. First, there was the Russian Food Security Council meeting led by the Ministry of Agriculture to discuss Russia's grain situation. A number of Russia watchers thought there was a chance that some plan to restrict wheat exports might be announced. What the meeting did produce was another drop in estimated grain production due to drought conditions. Russian officials now estimate total grain production will fall between 70 MMT and 75 MMT. That is 5 MMT less than the Ministry's estimate earlier this month and down 10 MMT from what it forecast in July. Last year total Russian grain production was officially put at 94.2 MMT. Russian off...
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...
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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.