News Updates MEDITERRANEAN AND MIDDLE EAST COMMENTS Corn plantings will be promoted in Algeria as a way to try to reduce the country's complete dependence on imported corn for animal feed use (about 3 MMT of corn are imported each year), according to the head of the farmers' union in a report released this week. However, traders in Algeria say there is little or no chance that there will be any significant corn plantings because it is just not an attractive crop for farmers. It seems that if the Algerian government wants to increase the very limited corn crop, it will have to provide a financial push in order to get larger farmers to switch to corn. If they do switch to corn, the question then will be what will not be grown (certain...
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.