Brazil’s government has approved the sale and use of higher biodiesel blends in order to address air pollution problems in big cities as well as concerns of environmental groups, reduce fossil fuel imports and better utilize the country’s overbuilt biodiesel production capacity. India Purchases Soymeal from Ukraine and China Indian poultry producers apparently have contracted to import at least 7,000 MT of soymeal for delivery later this year. It appears about 4,000 MT were purchased from China and the remainder from Ukraine. The imports are aimed at lowering domestic soymeal prices that increased as a result of a poor soybean crop and reluctant sales by farmers. The price of the Ukrainian soymeal was approximately $350/MT CNF.It is extre...
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.
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...