The export market for Argentine wheat improved this past week with some buyers from Brazil and Chile. Unfortunately, there is somewhat of a logistical problem for the sizable amount of wheat that is produced south of Buenos Aires. Wheat The export market for Argentine wheat improved this past week with some buyers from Brazil and Chile. Conditions have developed to the point that there are few anxious sellers because of the declining number of wheat export licenses. As well, space to house any remaining unsold wheat has seemingly been found at ports, and corn is unencumbered as it flows into waiting ships. There is no rush to sell the remaining wheat and that is supporting prices. Present offers from Argentine exporters are in the low $23...
What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
From WPI Consulting
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.