Japan is not alone in switching away from rice and toward other crops. Rice production has grown slower globally over the past ten years than other crops like corn, wheat and oilseeds. The real superstar has been oilseeds. Their dominance is due to several factors. On a pure calorie produced per area of land, wheat is number one followed by rice. Corn wins on a net-return basis but vegetable oil can deliver the highest calories on a consumer value basis. Moreover, that energy can be consumed more efficiently as either food or fuel. While copra has the highest extractable oil content, crops like sunflower and soybeans have less oil but concurrently deliver valuable protein. They also fit well in agronomic terms. The world will c...
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
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.