With the fall harvest in its closing stages and production and total volumes of available corn and soybean supplies closely established, the market's attention will rapidly turn toward the demand side of the supply/demand ledger.Surprises in the November WASDE were pretty much limited to the 2014/15 U.S. corn production numbers. USDA lowered the average U.S. corn yield to 173.4 bushels/acre, a 0.8 bushels/acre decline from October, and thus reduced estimated production to 14.407 billion bushels or 68 million less than the October estimate. It had been widely expected that USDA would increase both the corn yield and production estimates at least slightly, so we suppose that USDA's November U.S. corn production numbers qualify as a surprise...
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.