There was much publicity several weeks ago about Russia being a beneficiary of the U.S. – China trade war due to stronger soybean sales. The two agreed to “deepen trade in soybeans” and Russia vowed to grow more. But Russia cannot even keep up with the pace of its own expanding soybean consumption. Russian wheat prices are reportedly buoyed by stronger domestic consumption but the pace pales in comparison to the increase in production. Wheat production has been expanding at a 5.74 percent annual rate while consumption is growing at an anemic 0.23 percent. The production of corn has also outpaced Russian consumption. This is the reason that wheat and to a much lesser degree corn have become growing export products for Russ...
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
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.