If the presence of MIR 162 corn in Chinese soybean cargoes becomes a big problem, it could weaken exporters' abilities to fend off sales cancellations with unfavorable terms and prices. General Comments The first round of congressional testimony yesterday with Janet Yellen, the new Federal Reserve chairperson, seemed to confirm that the Fed intends to stick with its plan to reduce its buying of bonds and mortgage securities steadily month-by-month as well as keep interest rates low for many months to come. Financial markets liked her promise of consistency. U.S. stock markets rallied sharply higher yesterday, a move that was followed by Asian markets overnight. Some of the euphoria wore off today. U.S. stock indices were higher early, but...
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.