The biggest news today was a report that Chinese state-owned enterprises purchased nearly 2 MMT of soybeans from the U.S. Early reports said 12 cargos (0.5 MMT) were arranged for shipment between January and March, while later reports have pegged the figure as high as 30. The soybean market reacted in accordance with the adage “buy the rumor, shrug off the fact”, and promptly did nothing after the report surfaced. The market’s attitude seems to be one of “That’s nice, but we need a lot more to get excited”. Late afternoon cash trade, however, has a stronger tone and CIF soybean values are rising. Outside the soybean market, corn futures were steady/higher on limited news while wheat continue...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.