The United States is agreeing with France and current G-20 leader Mexico to possibly hold the first meeting of the rapid response forum created as a result of the 2008 food price spike. The meeting would be held in early September. Although a key reason would be to reinforce the policy of no food export restrictions, there seems little doubt that several G-20 countries will be demanding a suspension of biofuel production from food grains. Any decision to reduce the ethanol grind in the U.S. is statutorily in the hands of the Environmental Protection Agency (EPA) in consultation with USDA and the Department of Energy, but Secretary of State Hillary Clinton under pressure from other countries would be the political trump card in any White H...
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...