Trading volume in all markets was extremely light today, which is not surprising as it was a holiday-shortened session. This is also Black Friday, and there is greater interest in shopping than trading. Wheat popped early on news that Egypt had purchased two cargoes of U.S. soft red winter wheat yesterday. The weekly export sales report, delayed until today because of Thanksgiving, was about as expected. USDA announced two sales this morning: 132,000 MT of corn to South Korea and 120,000 MT of soybeans to “unknown.” Today was the last trading day for options on the December futures contracts, and there was obviously no excitement in these settlements. U.S. equity markets were slightly lower to mixed throughout the morning, but...
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.