We have just returned from our annual autumn fishing trip. This year’s destination was the eastern part of Idaho, a state filled with beautiful scenery, a multitude of great trout streams, endless fields of hay and potatoes, and some range cattle. A few fields from which wheat or barley had been harvested were observed, but Idaho’s grain production is relatively small and its oilseed production even smaller. It is always nice to take a short break from markets and related subjects. Getting away from gridlocked Washington even briefly is necessary to regain some degree of perspective. Refreshingly, no one we met while traveling asked when grain prices were going to climb out of the tank, if President Trump was going to blow up N...
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...