World Perspectives
wheat

WASDE Wheat

WHEAT:  USDA’s outlook for 2022/23 is for higher U.S. wheat prices. U.S. 2022/23 wheat supplies are projected down 3 percent, as lower beginning stocks more than offset a larger harvest.  All wheat production for 2022/23 is projected at 1,729 million bushels, up 83 million from last year. The average wheat yield 46.6 bushels per acre is up 2.3 bushels from last year.  Exports are projected at 775 million bushels, down from revised 2021/22 exports and would be the lowest since 1971/72.  Projected 2022/23 ending stocks are 6 percent lower than last year at 619 million bushels, the lowest level in nine years. The projected 2022/23 season-average farm price (SAFP) is a record $10.75 per bushel, up $3.05 from last year...

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Summary of Futures

Dec 25 Corn closed at $4.2225/bushel, down $0.055 from yesterday's close.  Sep 25 Wheat closed at $5.4225/bushel, down $0.04 from yesterday's close.  Nov 25 Soybeans closed at $10.26/bushel, down $0.0975 from yesterday's close.  Dec 25 Soymeal closed at $284.8/short ton, down $4...

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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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