GOOD MORNING, The markets are higher on demand, SA weather, and technical considerations. Beans are in the lead this morning posting new contract highs while wheat prices are trading just about even. Reports of Chinese purchases for corn and beans continued to filter throughout the trading community, though there were no USDA sales reports in the AM yesterday to confirm. Outside markets were positive for corn, with better energies helping corn and ethanol prices. While funds buy, farmer selling has slowed allowing prices to continue to rally. Soyoil posted new contract highs, approaching the 38c level as another Egyptian tender was announced for 30K soyoil. WEATHER --SA weather forecasts now appe...
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.
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...