Confidence that the Argentine labor situation will quickly be resolved along with weakening world grain prices seemed to trump a surprisingly friendly weekly export sales report for corn and soybeans. General Comments As expected, various Argentine labor unions involved in moving, handling and processing soybeans went on strike with demands of higher wages. This is the time of year when they have maximum leverage. However, the Argentine government cannot afford to lose export tax revenues, and has told both parties to come to an agreement by next Monday afternoon or it will start to seize assets. Tomorrow (Friday) is the May Day holiday, so all parties plan to meet in Buenos Aires on Monday where a settlement is expected. With inflation r...
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.