Light trading volume gave way to slightly higher wheat prices, afternoon weakness in corn and lower closes in soybeans. The trade is reevaluating market fundamentals after the volatility of the past few trading days. American trade politics are increasingly volatile as well, with Mexico today announcing “equivalent” tariffs on U.S. farm products entering the country. The measures are reported to specifically target pork legs, apples, grapes, cheeses, and steel, among other products. Not to be left out, Canada also announced retaliatory measures against the U.S., applying tariffs on whiskey, orange juice, other food products, as well as steel and aluminum. The White House’s reaction to these announcements will...
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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.