Fear of the impact of higher interest rates sent the U.S. stock market and nearly every commodity market spinning lower today. And as traders contemplate tomorrow’s October WASDE, they are well aware of the bearish tone of the August and September WASDEs. The assumption is that the October WASDE will give off similar bearish vibes based on larger U.S. supplies and increased U.S. ending stocks estimates for 2018/19. Grain and soy markets did not exhibit such fears overnight, but then they did not show much of anything overnight with prices unchanged to slightly lower on scant volume when trading recessed. The bearish sentiments became a bit more pronounced during the day session, especially for the soy complex. The soybean outlook is...
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
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.