It was a day of green at the CBOT/CME, with grains, oilseeds, and livestock contracts all rising. Trade resolutions (tentative though they may be) added to export expectations while weather continues supporting the wheat market. U.S. equities are slightly higher presently with the S&P and Dow up fractionally. The CBOE’s VIX index is down 31 points while COMEX gold is steady. The U.S. dollar is up another 41 points at 94.003 while WTI crude oil is down $0.51/barrel and Brent is up $0.07/barrel. Corn July corn gained 3 ¼ cents today and established its highest price since September 2017. December corn rose 3 ¼ cents on improving technical conditions that are keeping the uptrend in place. The December con...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.