Updated 26 March: typo on page 5 corrected. The 2020/21 crop year has been nothing if not interesting and heavy on forecast revisions from every analytical firm. The presence of La Nina in the Pacific Ocean continues to drive abnormal weather patterns in South America that are making yield projections tricky. U.S. markets were surprised by China’s aggressive appetite for corn and soybeans that sparked a demand-led rally at the CBOT and other global markets. The 2021 U.S. acreage outlook features a contrast to recent years: crops competing for acres based on above-average profitability projections. Acres are expected to increase for most commodities, with substantial gains for corn and soybeans. If normal weather patterns and trendli...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
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...
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.