World Perspectives

New Trade Promotion Program Announced

On 16 October, WPI reported that USDA was poised to create a new export promotion program, the Regional Agricultural Promotion Program (RAPP). The program was announced today by USDA.   As noted previously, Senate Ag Committee Chair Debbie Stabenow (D-Michigan) and Ranking Member John Boozman (R-Arkansas) wrote to Secretary Vilsack earlier this year asking USDA to dip into CCC funds for supplementing export promotion.   We originally reported that USDA was planning to spend $1.4 billion from the CCC’s approximately $33 billion in funds; today’s announcement confirms that the amount is $1.3 billion. This new program will offset the loss of the Ag Trade Promotion (ATP) program which was created as part of the...

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Market Commentary: Bears Rule Mostly; Rain and Sunshine Make Grain

Wheat and pigs were the day’s winners, with much of the rest of the contracts bleeding red. President Trump’s war of words with China added some negative energy on the day. It was similar for the week with HRS and hogs adding value, and soymeal higher by a miniscule fraction, but th...

feed-grains soy-oilseeds wheat

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Export Sales and Shipments for May 16-22, 2025. Wheat: Net sales reductions of 128,800 metric tons (MT) for 2024/2025 were up noticeably from the previous week, but down noticeably from the prior 4-week average. Export shipments of 501,200 MT were up 14 percent from the previous week and 12 per...

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Market Commentary: Bears Rule Mostly; Rain and Sunshine Make Grain

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Sorting Through Tariffs

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Illuminating the value of technical research

On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.

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