The CBOT was mostly calm before Thursday’s October WASDE – a report that often produces volatile reactions from the market. Corn and wheat drifted mostly lower, but corn managed to squeeze out a gain of a few cents in quiet trade. Soybeans dropped sharply lower despite daily “flash” export sales due to strong harvest progress, export competition, and sharply lower export sales bookings. Soy products were lower as well but the soyoil market took a brief pause from its recent, dramatic selloff. Funds were net sellers in soybeans for the day but were relatively flat the other markets as they executed final position-adjusting ahead of the report. The USDA re-issued its weekly Export Inspections data, which were co...
What You Need to Know Today: End-of-month profit taking sent the CBOT broadly lower, though corn and soybeans managed to post small gains to continue their rallies. Turkey’s foreign ministry claimed to have a plan to ensure safe passage for both Ukrainian and Russian grain vessels via th...
Developer's Note 24 August 2026: WPI recently completed an exercise that updated the codebase for this app and solved some of the discrepancies between our five-year average calculation and USDA's. There are a few lingering cases where early (late) starts (finishes) to the crop cycle resu...
Key Takeaways: Corn and soybean prices rallied sharply last week as declining U.S. production expectations collided with strong demand, raising the prospect of tighter supplies and leaving the market with a smaller margin for further yield losses. The USDA’s lower August yield estimates...
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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.