Commodity traders should be grateful they are not equity traders. The broader economy presents less certainty than agricultural balance sheets that will take time to rebalance. Russia is trying to exploit food insecurity by offering to allow Ukrainian exports provided sanctions are dropped. Western leaders are unlikely to do this deal with the devil. Buyers are currently quiet, perhaps waiting to see how far the floor will drop and today’s trading session suggests not much more. Although wheat made it a two-day slide and the major classes are now down 80+ cents from earlier highs, corn and soybeans rebounded. Even after a two-day 77 cent fall in July SRW, the contract is still up nearly 22 cents over the past five trading sessi...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
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.