Wheat ARGENTINA The Argentine government apparently will not release any additional export licenses for wheat in the present campaign. Although there was no formal confirmation, employees from the UCESCI (the entity that issues the licenses) rejected all presentations of export licenses. The government released export licenses against declared stocks. It seems the government believes that it has issued too much stock, and therefore completed the exportable balance. This was bullish for Argentine wheat prices, but the market remained stable and even dropped a little.After trading at $258 last week, 12.5 percent protein wheat was offered at $256 with demand in the low $250s. Meanwhile, 12 percent protein wheat that last week traded at $25...
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...
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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.