CBOT futures were mostly lower on Wednesday with a more favorable U.S. weather forecast once again taking away the need for a weather/yield premium in prices. Wheat futures pushed to new highs only to find a stack of profit-taking and position liquidation sell orders that pushed markets to a much weaker close. Soybeans and soymeal found support from a weaker soyoil market with traders exiting soyoil and reversing long soyoil/short soybeans or meal spreads. Corn was mostly along for the ride this afternoon with pressure coming from pre-WASDE position-evening and the improved U.S. weather forecast. Both the GFS Ensemble and the EU weather models are calling for more moderate temperatures across the U.S. this week with above-average rai...
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.