Large production increases and limited demand growth lead to enlarging stocks, and that is what is happening to world wheat supplies as well as those of the important competing exporting countries.On 18 December, the Chicago March wheat contract traded at a high of $6.565. The price has headed almost straight downhill since then. On the charts, futures market prices never move in straight lines. Since 18 December, however, the price decline of the lead contract in the principal U.S. wheat futures shows up on charts in just about as straight a line as futures market price action ever produces. At last look, Chicago March wheat was at $5.32, down almost $1.25 in less than a month. The pattern for KC hard red winter wheat futures has been near...
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.