Now that USDA has reopened, its reports will resume. The next WASDE report on 8 February will likely include information that would have been contained in January’s cancelled issue. The National Ag Statistics Service and Economic Research Service will also soon be updating the schedule of its reports. Also of interest will be the latest releases of the FAS Global Agricultural Information Network (GAIN) reports. These are not considered official USDA data but represent estimates and analysis from FAS personnel at overseas posts. Of course, one of the most anticipated reports might be an update on the African swine fever (ASF) situation in China. There have been news stories of two new outbreaks of ASF in Gansu (northwest) and Jiangsu...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.