China rolled out several agriculture reform policies regarding land use, seed development and agriculture insurance over the past two weeks as the country's leaders encourage the circulation of land use rights on the open market. China Releases 2015 Supportive Procurement Policy for Corn China's National Development and Reform Commission (NDRC) announced the 2015 supportive procurement policy for corn at the end of November. As had been discussed in the market over the past few weeks, the supportive procurement price remains the same as last year at $365/MT in Jilin, $368/MT in Liaoning and Inner Mongolia and $362/MT in Heilongjiang for all grade 3 corn under the China National Standard. The subsidy for corn delivered out of the country's...
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.
What You Need to Know Today: The Federal Reserve held interest rates steady at 3.75 to 4.0 percent Wednesday, with two officials dissenting in favor of a 25-basis-point increase. The Fed upgraded its assessment of economic growth from "solid" to "strong" but adopted a more patient approa...
Key Takeaways: Expected growth in U.S. soybean crushing capacity and output, driven by biofuel demand, will increase domestic soymeal supplies, with production growth significantly outpacing demand. WPI forecasts soymeal production increasing from 65.8 million short tons in 2026/27 to 70.5 mil...
Russian Grain Markets: 19–23 October 2026 The Russian grain market continued its recovery during the week, although prices remained volatile across regions. Wheat was notably bullish, while feed barley and corn were slower to appreciate, primarily because of weaker export demand amid logi...