GOOD MORNING, Prices continue to rally led by the wheat market. Russia plans to raise its wheat export tax to 50 euros/ton from March 1-June 30, from the €25/MT tax set for Feb. 15 to March 1, as reported by the Economy Minister. Wheat is higher this morning trading to new contract highs. Better rains in SA find bean prices on the retreat today, while sharply lower palm oil prices pressure soyoil. Oilshare is weaker again. Beans will be supported by China still needing supplies, with the same for corn. The International Grains Council pegged worldwide 20/21 grain output at 2.21 bln mt, with 20/21 total grain consumption at 2.216 bln mt. The International Grains Council pegged worldwide corn o...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
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.