Regional News The EU and Mercosur trade blocs finally signed a free trade agreement that had been delayed and debated for 25 years or so. EU Commission President Ursula von der Leyen heralded the agreement in a press conference in Montevideo and cited the need for more free trade in the face of increasing protectionism. Nigeria has emerged as the top importer of EU wheat this marketing year with 1.614 MMT purchased so far, up 16 percent year-over-year. The United Kingdom, Morocco, Egypt, and Algeria fill out the rest of the top five importers for this year. Europe continues to see beneficial rainfall, except for Spain and Portugal which remain drier and warmer than usual for this time of year. Milling Wheat Global w...
What You Need to Know Today: Attention is turning toward Friday's USDA WASDE report, with traders looking for updated corn and soybean production estimates and revisions to domestic and global supply-and-demand balances. The report could help establish a clearer direction for grain price...
Key Takeaways: Dry bulk markets are mixed this week with the Capesize sector falling on the demand slump stemming from China’s Golden Week holiday while Panamax and smaller vessel class rates remain firm. The Atlantic’s first hurricane of the season, Hurricane Isaias, intensi...
Yesterday’s momentum is facing a tougher test today. Stocks and most grain markets have pulled back, while higher Treasury yields and a firmer dollar are making buyers work harder to defend the gains. Crude oil has turned lower, easing some immediate energy pressure, but the Fed minutes l...
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.