It is now at the mid-point of the growing season, and weather has been quite good. However, extended forecasts suggest a potential threat to yield cushions of certain crops and, thus, ending supplies.The July USDA WASDE numbers weren’t quite as bearish for corn and wheat as many in the trade anticipated. Ending supplies were raised for both, but the gains were less than the average trade guesses. The soybean numbers came in about as expected, although higher planted acreage did result in a slight boost in ending supplies. However, the soybean supply continues to tighten.USDA did not change the yield estimate for either corn or soybeans. They are both the third-largest ever with the national average yields at 168 bushels/acre for corn and 46...
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...