The CBOT was almost uniformly lower on Wednesday with pressure building from increasingly challenging shipping logistics around the world. The situation in the Panama Canal is well known but recent escalations in Middle East tensions and re-routing of ships around the Red Sea are causing more headaches, as is the U.S. Customs’ recent closure of two rail bridges between the U.S. and Mexico. With U.S. grain balance sheets amply supplied and shipping constraints restricting demand, the CBOT turned lower with wheat leading the day and corn forging new contract lows. Funds were net sellers for the day amid the fundamental and technical weakness, as well as the desire to reduce risk heading into the holiday weekend. WPI looks for markets to...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...
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.