Regional News The European Union has threatened Poland, Hungary, and Slovakia with legal action as the three nations have adopted unilateral bans on the import of Ukrainian grains. Milling Wheat Wheat markets adopted a firmer tone last week as CBOT futures rallied on speculation of renewed Chinese buying interest and short-covering. Paris milling wheat futures climbed modestly, while U.K. feed wheat also firmed, aided by a softer British pound. The move higher in Paris and UK futures attracted farm selling, which weakened cash values and pushed futures off their recent highs. Export competitiveness remains a focal point for traders. The EU Commission kept the bloc’s wheat export projections steady even as produ...
What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
From WPI Consulting
Illuminating the value of technical research
On behalf of a commodity producer organization, WPI evaluated the outputs from a project that featured a $5 million investment into technical research over multiple years. WPI’s team captured the results of this extensive effort and synthesized them for presentation to the organization’s governing board; among the findings uncovered and presented for the first time was the development of genomic traits proven, via rigorous testing, to provide crop yield advantages of 50 percent or more to U.S. farmers in times of drought. Capturing measurable results from long-term efforts can be challenging. Educating clients on the dynamics of success measurement when quantifiable results are not readily available requires deep client-consultant collaboration and an ability to consider both near- and long-term client aspirations with market/policy dynamics – attributes that WPI brings to every consulting engagement.