Algeria’s purchases of French wheat are reported to be up 62 percent over last year. However, there are fears that the drop in its quality because of the heavy rains prior to harvest could mean that those particular sales will decline. Experts maintain, though, that there should not be a problem. Regional Updates MIDDLE EAST/MEDITERRANEAN COMMENTS Ramadan ends this week (on 7 July in many countries) and is followed by the Eid al Fitr celebrations. Depending on the country, the Eid holidays can last two to five days with government offices, banks and most businesses (except retail) closed during this period.The wheat situation in Egypt is no clearer today than it was last week. There are many stories in the press about poor control of whe...
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...
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.