World Perspectives
wheat

Wheat Predator to Protectionist

Back in January, U.S. wheat growers were demanding that USTR file a WTO case against India for exceeding its de minimis limit of subsidies capped at 10 percent of the value of wheat production. The demand was presaged by a U.S. government counternotification to the WTO that New Delhi had substantially underreported its subsidies for wheat. In fact, up to half the value of the wheat crop was subsidized and new fertilizer subsidies were being introduced.  Then Russia invaded Ukraine and the supply of the world’s most popular food grain was threatened. Those concerned about food security looked optimistically to India’s impending bumper crop of wheat. Indian officials predicted exports in FY 2022/23 (1 April to 31 March) woul...

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feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for November 8-14, 2024. Wheat: Net sales of 549,600 metric tons (MT) for 2024/2025 were up 45 percent from the previous week and 29 percent from the prior 4-week average. Export shipments of 133,900 MT--a marketing-year low--were down 56 percent from the previou...

feed-grains soy-oilseeds wheat

Market Commentary: New Lows for Soybeans; Corn, Wheat Fall on Export Data

The CBOT was mostly lower for the day with corn, wheat, and the entire soy complex finding their way into the red for various reasons. Wheat initially rallied on rising tensions and attacks between Rusia and Ukraine, with Ukraine accusing Russia of launching an intercontinental ballistic missil...

livestock

Livestock Roundup: Cattle on Feed Preview

The monthly Cattle on Feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 100 percent of last year’s 11.9 million head, at a range of estimates between 99.5 percent and 101.3 percent of 1 November 2023. This would be 11.6 mil...

feed-grains soy-oilseeds wheat

Export Sales

Export Sales and Shipments for November 8-14, 2024. Wheat: Net sales of 549,600 metric tons (MT) for 2024/2025 were up 45 percent from the previous week and 29 percent from the prior 4-week average. Export shipments of 133,900 MT--a marketing-year low--were down 56 percent from the previou...

feed-grains soy-oilseeds wheat

Market Commentary: New Lows for Soybeans; Corn, Wheat Fall on Export Data

The CBOT was mostly lower for the day with corn, wheat, and the entire soy complex finding their way into the red for various reasons. Wheat initially rallied on rising tensions and attacks between Rusia and Ukraine, with Ukraine accusing Russia of launching an intercontinental ballistic missil...

livestock

Livestock Roundup: Cattle on Feed Preview

The monthly Cattle on Feed report will be released tomorrow. Analysts’ pre-report consensus estimates are for the total inventory on feed to be 100 percent of last year’s 11.9 million head, at a range of estimates between 99.5 percent and 101.3 percent of 1 November 2023. This would be 11.6 mil...

feed-grains soy-oilseeds wheat

Summary of Futures

Dec 24 Corn closed at $4.2675/bushel, down $0.035 from yesterday's close. Mar 25 Wheat closed at $5.695/bushel, down $0.0275 from yesterday's close. Jan 25 Soybeans closed at $9.7775/bushel, down $0.1275 from yesterday's close. Dec 24 Soymeal closed at $287.7/short ton, down $1.7...

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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.

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