While much attention has been focused on the value of the U.S. dollar since the U.S. Federal Reserve Board modified monetary policy and started to raise interest rates, there is another currency important to agricultural trade that is also undergoing some changes in direction.A great deal of attention has been focused on the value of the U.S. dollar since the U.S. Federal Reserve Board modified monetary policy and started to raise interest rates. There is, however, another currency important to agricultural trade that is also undergoing some changes in direction that is worth examining: the Brazilian real.The real has taken a beating since 2011, losing approximately 60 percent of its value. This was due to two trends:
The bull commoditie...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
Update for 6 April 2025: Last year, users pointed out differences between the 5-year averages reported in this app and what USDA estimates in its weekly report. The difference exists because WPI calculates average based on the last 5 years of observations for the current week. In cases where ob...
