THE OPEN Jan beans: 1 higher Jan meal: 1.90 higher Jan soyoil: 38 higher March corn: 1 lower March wheat: 3/4 lower The markets opened as expected but encountered profit-taking from the start of the session. Pressure was noted as December contracts continue to liquidate heading into first notice day. Trade was choppy and on both sides of the market, with end-users taking advantage of breaks to price something. Spreads were weaker. Lower volumes are able to promote larger swings, and volume was relatively light for the day. Corn was weaker in the night session, and the reverse price action in wheat from higher to lower created more downside, pressuring the soy complex as...
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.