The November WASDE has come and gone, and it produced precious little excitement for grain and soy futures markets. NASS/USDA lowered the estimated national average corn yield to 167.0 BPA which is down 1.5 BPA from October and down 10.5 BPA from last year. This gave an estimated U.S. corn production of 13.661 billion bu for 2019/20. The varied weather challenges that affected most of the main corn producing regions of the country led to a production decline of an estimated 759 million bu from last year even though estimated harvested acreage in 2019 is virtually unchanged from 2018. We should note that in its last weekly crop progress report, USDA estimated that the 2019 corn harvest had advanced (slowly) to 66 percent completed as of 10...
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.