Grains and oilseeds started the morning sharply higher on weather worries and the improved trade outlook. As the day progressed, however, President Trump’s comments seemingly downplaying the progress made on the trade front weighed on the markets. Profit taking was notable today as well, and farmers were alleged to be active sellers/hedgers on the recent rally. This week’s Drought Monitor map showed steady conditions across Texas, Kansas, and Oklahoma with modest drought spreading into the PNW. The five-day forcast for the U.S. includes little rain for the Southern Plains but solid perceiptation for the PNW and the East Coast as the tropical storm pushes north. There is little to help the HRW wheat crop through the weeken...
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.