In January, the U.S. EPA approved the importation of Argentine soy-based biodiesel under a streamlined procedure, and now Argentina's shipping agency Nabsa S.A. is reporting that 94,000 MT are scheduled to be exported to the U.S. in the next month. Few Significant Changes in USDA's Soybean Supply/Demand Forecasts USDA's supply and demand report of yesterday contained relatively few significant changes in U.S. and global soybean supply/demand forecasts for oilseeds. That was to be expected as USDA's crop plantings report will not be released until 30 June. Until then, there is no hard information regarding the area planted to various crops that can be used to better predict their sizes this year. The key revisions USDA made in its f...
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.