A meeting was held Monday between Argentine exporters and government officials. Exporters were expecting the release of 4 MMT of corn and 2 MMT of wheat for the new crop campaign, but there were no announcements following the extended discussion. Export Licenses The Argentine government announced the release of export licenses for 400,000 MT of old crop wheat and 500,000 MT of old crop corn. There was no price reaction as there were few offers and even less demand. November demand is presumably already covered, and vessels are already arriving in the U.S. to load for that time period. Much of December is already bought as well, so Argentine traders could struggle to obtain demand for November or December shipments. There is a limited chan...
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.