Corn was pulled higher by the strength of soybeans. However, wheat markets shrugged off lower winter wheat crop ratings and prospects for more rain to close lower due to the dearth of export demand. General Comments As expected, the Food and Drug Administration (FDA) has ordered food companies to phase out all use of artificial trans fats in food products over a three-year period. In 2013, the agency made a preliminary determination that they were no longer safe. Today's announcement confirmed that trans fats contained in partially hydrogenated edible oils were not "generally recognized as safe" in human foods. Trans fats have been linked to heart disease, obesity and diabetes. Food manufacturers have already removed them from most produc...
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.