It was a day of cautiously trading the fundamentals ahead of the May WASDE. Corn and soybeans headed higher in modest volume while the wheat markets were mixed. Cattle futures continue to reflect growing late-summer supply expectations while buyer interest in feeder cattle is flagging. The hog market posted a strong rally today on higher cash values. Outside the U.S., the Wall Street Journal reported Argentina is in talks with the IMF to obtain a loan in effort to stop the dramatic slide in its currency in recent weeks. U.S. stock equities are lower as of this writing as volatility continues to reign. The Dow is off 114 points (one-half of one percent) while the S&P 500 is down a similar percentage. The CBOE VIX index is u...
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.