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...
There was heavy volume exiting soybeans, which dragged down the broader market today. The lack of a specific Chinese buying commitment for soybeans undermined speculators who had placed bets on state-directed trade. But even the Chinese do not totally ignore market fundamentals. They may still...
WPI has officially launched Transportation Perspectives as a standalone weekly report separate from our Ag Perspectives articles and analysis. Current Ag Perspectives subscribers will have gratis access to the report through 16 April 2026. Please email us or subscribe online after this date to...
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.