Wheat Market Brazilian millers were in the market this week to buy Argentine wheat as the Free Aside Shipment (FAS) market is heating up. Exporters paid $220/MT FAS this week at Upriver ports and once exports taxes are added of about $66/MT, the replacement cost is about $300-305/MT. This is the main reason why exporters are not offering openly at the market. The last confirmed trade was two weeks ago at $273/MT and there are rumors of another trade at $278/MT. Brazilian millers are currently willing to pay $290-295/MT.Despite this heat up in prices, Argentina is the most competitive origin for Brazil. The impact of the freight is low and the tax preference put Argentina in a position where it is almost impossible to find competition...
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.