Surprisingly, wheat led the commodity complex higher today with soybeans a reluctant follower and corn futures unwilling to touch $3.55/bushel. U.S. stocks are higher with the Dow up 62 points and the S&P 500 gaining 14.6 as of this writing. The dollar is rebounding from its recent slide, adding 30 points today on the back of minutes from the Fed’s December meeting. The CBOE VIX index is down (again), hovering just above 9. Investors are apparently expecting a rosier 2018 and are consequently selling gold, with the lead COMEX contract down $1.60/ounce. Crude oil is higher with both WTI and Brent up roughly $1.30/barrel and both above $60. Corn March corn futures traded both sides of unchanged today in unexciting tr...
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.