Soybean Pressures Global oilseed supplies are tight and under further threat. More dry heat is coming to the U.S. Midwest and if it persists into August, the soybean crop is at risk. India’s monsoon has been spotty, causing soybean planting to be 22 percent behind last year’s sowing rate. Conab just lowered Brazil’s crop production estimate by 0.2 percent to 124.048 MMT. Canada is planting 4.7 percent fewer acres of soybeans due to dryness. On the upside, Argentina is projected to plant 40 percent more sunseed acres in 2022/23 in response to current high prices. China Puzzle Pork prices are too high in China at the same time soymeal stocks are large and margins poor. The government has warned farmers against price...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
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.