Echoes of USDA's report on 1 March planting intentions and quarterly stocks estimates are still reverberating, and no doubt they will continue to do so. We all knew that old crop U.S. 2011/12 corn supplies would be tight. However, USDA's surprisingly low 1 March corn stocks (after three quarters of surprisingly high corn stocks) imply a level of tightness requiring that demand during the second half of the corn crop year somehow be constricted. Call it price rationing, if you like. The seemingly erratic series of quarterly corn stocks estimates from USDA may suggest caution about drawing hard conclusions from the latest one, but the market must play the hand it has been dealt. This explains why the spot CME May corn contract at this writi...
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...
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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.