The Brazilian government's effort to re-evaluate 14 pesticides for possible bans has been ongoing for seven years and stymied by lawsuits as well as opposition from legislators. Two of those currently employed by farmers there are no longer approved for usage in the U.S. and elsewhere because of their toxicity. U.S. Soybean Export Sales Shift to New Crop Today's USDA export sales report showed a pronounced shift in sales away from the current marketing year to MY 2015/16. Net sales of soybeans for shipment in 2014/15 totaled only 27,400 MT, while those for shipment after 1 September totaled 568,300 MT. The sales for shipment in 2014/15 were mainly to Mexico (102,600 MT), Malaysia (24,300 MT), Colombia (10,800 MT), Vietnam (7,900 MT)...
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.