Triggered by unexpectedly large export sales and helped along by fund buying, corn futures closed up more than 7 cents and near session highs. Soybean futures finished about 12 cents higher, and meal was up $4.00. General Comments Stats Canada released the following December crop production estimates today:Except for barley, all of the December production estimates are greater than October's. All wheat production of 29.280 MMT and canola production of 15.555 MMT were both higher than expected. USDA has been using a Canadian wheat number of 27.5 MMT, so that will increase in the December WASDE. The wheat estimate suggests that 23 MMT should be available for export. The December canola production estimate is more than 1 MMT higher tha...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.