Several factors have helped support this week’s higher grain and soy prices, but it will be whatever tone is set by this Friday’s WASDE that will determine whether the rally is sustainable. General Comments Following Monday’s pattern, grain and soy futures prices continued the pre-report rally. Wheat was the leader, scoring the highest prices in at least two months. KC HRW futures closed up 13 cents or more, Chicago SRW contracts were up better than 11 cents in most cases and MGE HRS futures finished up about a dime. The overnight session price action was mixed, although prices mostly traded lower. The rally did not get started until after the day session opened.It is hard to point at specific reasons behind this week’s rally as it seems...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.