THE OPEN Jan beans: 6 3/4 higher Jan meal: .90 higher Jan soyoil: 35 higher Dec corn: 1 1/2 higher Dec wheat: 2 3/4 lower Prices were mixed today with the soy complex higher and soyoil trading immediately to new ctr highs. Grains were lower but wheat found short-covering as it cycled down to a major low without follow-through selling. Unwinding of prev. buy bean/sell wheat trade was noted as well. The newest numbers for prevent plantings and failed acres as of Nov 2 by farmers: Corn: 6.184 mln acres, failed acres at 88.454 mln Beans: 1.476 mln acres, failed acres at 81.949 mln Wheat: 1.270 mln acres, failed acres at 46.159 mln All crops: 243,877 mln acr...
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.