Today’s trade was essentially a reversal of recent trends with wheat higher, soybeans flat and corn rising above $3.50/bushel. The cattle complex was sharply higher as buyer activity picked up on cash market transactions and technical buying. After their bearish key reversal on the chart yesterday, both the Dow and S&P 500 stock indexes turned higher today with each up 1 percent as of this writing. The CBOE VIX Index has remained elevated and not trading below 11.18 today, the first time such a feat has occurred this year. COMEX gold futures are mixed with the January and March contracts higher as the February and April contracts moved lower on spreading activity. The U.S. Dollar Index is 7.5 points lower at 90.391, which has bee...
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.