According to an Indonesian government official, the French Senate passed biodiversity legislation on 21 January that would impose a very high progressive tax on palm oil. As expected, the government of Indonesia and that country’s palm oil industry have reacted strongly against the proposal. December 2015 U.S. Soybean Crush USDA reported yesterday that U.S. firms crushed 167 million bushels (4.545 MMT) of soybeans in December 2015, an increase over the 165.8 million bushels (4.513 MMT) in November. (It should be noted that a comparison with the December 2014 crush volume is not possible as USDA was not publishing the soybean crush report a year ago.)The agency indicated that soyoil stocks at the end of December totaled 1.577 billion pound...
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...