Last Friday we took a peek at the potential U.S. corn outlook for the 2013/14 marketing year and how it might be quite bearish if weather and yields shift back towards "normal." The elephant in the soybean/oilseeds room today is the potential for massive soybean production in South America. Some analysts are looking for as much as a 36 MMT increase in soybean production in Brazil and Argentina based on increased plantings and, of course, record yields. The October USDA WASDE put the increase in those two countries at 28.5 MMT over 2012. The problem today is that it has been super wet in Argentina and southern Brazil and too dry across central and northern Brazil. Planting has been delayed and some people believe that the yield potential i...
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.