A union representing workers at 20 percent of Argentina's soybean processors went on strike today demanding higher wages. A major union representing truck drivers and dock workers at all ports is set to vote tonight on whether to join in. Low Soybean Export Inspections Last Week Yesterday's soybean export inspections report noted USDA inspected only 172,066 MT (6.32 million bushels) for export last week. That is quite low even for this time of year. Notable was the fact that there were no shipments inspected for either China or Taiwan. The top destination for the soybean shipments was Indonesia at 48,851 MT. Inspections of soybeans to be shipped in containers totaled 43,193 MT. U.S. Soybean Plantings Off to Quick Start USDA's Crop Progr...
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
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.