The outlook for U.S. soybeans has undergone a quick and remarkable change over the past three months after being decidedly bearish in February and early March. U.S. Hard Red Winter Wheat Crop The U.S. is harvesting a big hard red winter wheat crop, which USDA acknowledged last Friday by boosting production 6 percent from the May estimate. As we’ve suspected since the rains started falling across that region in April, though, the problem is that the protein content will be very low. It is well under 10 percent in some areas, and much of Oklahoma’s crop will likely be below 10.5 percent. Meanwhile, domestic mills typically want 10.8 percent or higher. The 2015 hard red winter wheat crop was not very desirable from a milling perspective, so...
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.