The overnight session did not prepare markets for the volatile price action that was the feature of today. General Comments President Obama announced more sanctions against friends of Russian President Putin and a Russian bank thought to hold their funds. At the same time, the EU added a few more individuals to its sanction list and canceled a planned EU-Russian summit meeting. However, both the EU and U.S. held off on more significant economic sanctions unless Russia makes further incursions into Ukrainian territory. The general interpretation of this is that despite their rhetoric to the contrary, the limited nature of the announced sanctions means that the EU and U.S. have tacitly accepted the Russian annexation of Crimea, and thus tha...
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.
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...