Grain and oilseed markets started the month of December higher. Soybeans were the leader on slightly drier forecasts for southern Brazil and Argentina. Wheat was also strong, led by the Minneapolis December contract, which closed up 9.25 cents after seeing double-digit gains. KC and Chicago were 4-5 cents higher much of the session. Funds were generally seen as buyers in relatively average trading volume. Corn, wheat and soybean markets closed at or near the day’s highs. USDA announced the sale of 130,000 MT of corn to “unknown” this morning. The other outside markets were a mixed bag to end the week. U.S. equity markets started higher on expectations the Senate will pass the tax plan. Those same markets collapsed on rep...
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.