Wheat Argentine wheat is very hot in the domestic market. Argentine millers are desperately trying to buy wheat for their needs, but prices for the cereal have gone up sharply. What is happening in the market? To understand what is going on currently, we need to revisit the meeting between exporters, millers and the Argentine government that took place on 6 March 2013. At that meeting, the government realized that the 5.1 MMT of export licenses it had granted to exporters in 2012 were well above the country's exportable balance. The drop in wheat acreage and bad yields in many regions had diminished the exportable surplus to 3 MMT. Exporters who had obtained export licenses in 2012 were forced to prepay them. Further exacerbating the sit...
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...
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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.