News Updates LOWER IRAQI WHEAT CROPS Farmers in Iraq held off planting winter wheat for as long as possible due to the lack of rain, but they have had to go ahead with planting even though the ground moisture is far below ideal levels for the winter crop. Farmers' concerns go well beyond the winter wheat crop, as low levels of winter moisture have likewise affected reservoirs, and there are questions about the availability of water in the summer for irrigation. So while we see the effect on winter wheat and barley, the lack of moisture could very well have a serious impact on spring plantings and summer crops. EU AND INDIA FREE TRADE AGREEMENT The EU-India free trade agreement (FTA) that has been in the works since 2008 is reportedly cl...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.