Empty Wheat Deal The new USMCA requires that both Canada and the U.S. give imported wheat no less favorable treatment than is accorded domestic production. Currently, Canada denies wheat from the U.S. any grading level, which forces it to be sold at no better than feed grain value. Meanwhile, Canada ships 125-150 million bushels of spring wheat and durum to the U.S. unimpeded by any similar market restriction. But the U.S. doesn’t produce the same varieties as Canada, and that country’s wheat growers are saying it is unclear that the grain varieties registered for grading by Ottawa will be expanded to include American-style wheat. When Less is More The U.S. poultry industry is mostly pleased with the outcome of the ne...
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
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.