New crop markets have had an overwhelmingly bearish attitude. This started back in February with the USDA's Outlook Conference projections for big planted acres and record or near-record yields per acre. Those projections, of course, meant that 2013/14 ending supplies of corn and soybeans would escalate to burdensome levels and prices would have to collapse. Projections of world crop production were also huge. USDA (and others) have been touting a record world wheat crop in excess of 700 MMT. The problem with all of these mega-bearish production estimates is that they were based on "best-case" scenarios. However, Northern Hemisphere weather already has created significant problems that will result in smaller planted acres and smaller yiel...
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.