General Comments Red was the color du jour for grain and soy markets today. This was after the overnight session saw wheat and soy prices trade higher and corn recover some of Monday's losses. Even the soybean market gave in to some profit taking, but not until it had scored the highest price since 13 September 2011 on the continuous chart. Wheat reversed after three days of gains on improving HRW conditions and forecasts of more beneficial precipitation for U.S. winter wheat. Eastern portions of the EU also received some rain although France remains dry.Clearly, the market is nervous about Friday's stocks and acreage reports from USDA. The principal fear is that the corn stocks and acreage numbers will be larger than expected and thus b...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
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.