Grain and oilseed futures traded quietly today ahead of the Christmas and New Year’s holidays. With the dry Argentine weather moderating there is little news to push the markets one direction or another. Currently, U.S. stock indexes are mixed/flat with the S&P 500 up 0.15 point and the Dow down 14 points. The dollar is trading 13.5 points lower while WTI crude is up $0.53 and Brent is up $0.77/barrel. Corn December corn futures finished the day 1 ¾ cents higher at $3.49 ¼ on 96,000 contracts traded. Ethanol production fell 1.1% this week but remains well above year-ago levels, signaling that USDA’s usage forecast may yet prove too low. Interior basis levels are continuing to firm with commercial...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
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.