The CBOT was mixed on Tuesday with corn and wheat firming with increased short covering and buying interest amid oversold technical conditions and recent selloff lows. Growing concerns about Russia’s refusal to allow grain export vessels into one Ukrainian port also helped put a bid under grains for the day. Despite stronger grain markets the oilseed complex pushed lower in lackluster trade amid expectations for a record-breaking 2023 U.S. crop combined with current and expected export pressure from Brazil. Weaker macro markets also worked against the soy complex with market jitters over the debt ceiling negotiations adding to risk-off trade volume. Funds were strong net sellers again in the soy complex and are thought to be flat soyb...
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...
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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.