Open interest is rising in commodities and Goldman Sachs says that with inflation likely to return, the outlook is bullish commodities. While agriculture is hot right now, metals and energy will eventually take over. This ignores the real supply/demand situation in agriculture. China says it is only buying 7 MMT of corn but has purchased 10 MMT, and some believe it could go as high as 27 MMT. The difference between 7 and 27 is approximately $3.2 billion. There is also the risk of over-stoking commodity prices. At this juncture, end-users are showing they will pay the higher prices and the lower end of trading ranges is moving higher. But eventually this all peaks and it is back to pullbacks. This morning’s USDA Export Sa...
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...
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.