WPI's Dan Basse observed that single-minded liquidation was the theme at the start of the week of 12 November 2007. Especially concerning was slowing world economic growth and how deeply it would impact demand for raw materials. According to Basse:In this background of sliding energy and metal futures, U.S. grain futures settled mixed with wheat being the bullish stalwart on short covering and supply worry. Soy and corn futures declined in sympathy with faltering outside raw material markets and general fund liquidation. A dearth of fresh news produced long liquidation with the U.S. government observing the Veterans Day holiday...
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.