General Comments It was a down-and-up day for the U.S. dollar, reflecting the swing and sway of the prospects for a Greek bailout. Optimism that the bailout payment would be forthcoming in time to stave off a Greek default sent the euro higher. However, eurozone finance ministers have now concluded apparently that Greek's budget cutting approved last Sunday is not enough. They will not hand over the money until further cuts are made. Optimism quickly turned into pessimism, and the euro and dollar reversed. The dollar closed the day having gained against the euro, although it was mixed against other currencies.Risk promptly turned off. Stocks closed lower while gold climbed to $1,726.70, up $10.20 for the day. Crude oil resisted the pull...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...
From WPI Consulting
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.