The government is back in session today, which did not impress the grains markets. Overnight trade was mixed with grains lower and the soy complex gained on Argentine weather concerns. By mid-day, however, the CBOT board was red with corn, wheat, and the soy complex lower. The livestock complex was lower early in the day before mid-day buying lifted cattle futures. Outside markets are generally higher as of this writing, with the S&P 500 and the Dow up 8 and 14 points, respectively. The CBOE’s VIX is slightly lower at 10.78 while the Dollar Index is flat after early-day losses. COMEX gold is slightly higher as it consolidates near the top of its recent trading range. Crude oil futures are roughly $1.25/barrel higher with WT...
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.
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...