We only analyze petroleum as a big sister commodity greatly influencing commodity indices (and thus ags) but right now something notable is happening. Oil is at $75; fracking’s breakeven is at $50 and that should be signaling the industry to go to work! However, there is still the risk that OPEC will decide to increase output. Moreover, oil futures remain in the 60ish level well into 2022. By not fracking now, that number could be driven higher. The fracking industry can sell into those numbers and produce later with confidence of delivering against profitable contracts. While funds dance in and out every day, there is a futures play for the originators. Instead of a quick buck, it is a strategic swing for the fences. Provided there i...
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.