Activity in Argentina's FOB corn market is totally focused on nearby shipments (March, April and May). Prices for April shipment heated up as many of those vessels expected to load in March will instead do so in April, but those for May seem to be influenced by different factors. Soybeans Brazil USDA raised its estimate for Brazilian production from 104 MMT to 108 MMT last week, which was in line with several analysts’ expectations. However, the market had not expected that particular revision to come so quickly. Brazil will produce 12 MMT more than last year, a huge number for world supplies.The supply figure has relaxed Chinese demand, which is now confident that there are plenty of beans available globally. While South America keeps 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.