World Perspectives

USA Lost Benefits of CPTPP

The Comprehensive and Progressive Trans-Pacific Partnership entered into force in 2019 without the U.S. as a member. Although four years of trade data plus forecasting for an additional year do not provide sufficient confidence in any conclusions about CPTPP’s impact, and especially the U.S. absence from the agreement, there is a pattern. Australia’s overall primary agricultural exports have increased substantially since the agreement went into force, and while not by a large measure, Canada’s exports of the same commodities have increased more than that of the U.S. This analysis does not consider important impacts, such as each country’s competitiveness in specific commodities with or without better terms of trade...

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The major finding of Friday’s CFTC report is that funds are increasingly and somewhat aggressively bullish corn as they rapidly expanded a small long into a near-100,000 contract bullish position. Over the period 5 through 12 November, funds bought over 96,000 contracts, which is the 11th large...

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Market Commentary: Today was Green but Headwinds for the Week

Corn, soymeal, live cattle and lean hogs all traded lower during the morning start but by the end of the day, only lean hogs ended lower. There were modest volumes being traded on Friday for most contracts, except feeder cattle where it was nearly double the five-day average.December soymeal hi...

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Export Sales

Export Sales and Shipments for November 1-7, 2024. Wheat: Net sales of 380,100 metric tons (MT) for 2024/2025 were up 1 percent from the previous week, but down 17 percent from the prior 4-week average. Export shipments of 301,300 MT were up 27 percent from the previous week and 5 percent...

feed-grains soy-oilseeds wheat

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Cow-Calf Margins Steady in November, Herd Expansion Still Likely

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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.

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