Unsurprising to those in the rice trade, Bangkok is now indicating that it will be dumping millions of tons of surplus rice onto the world market. PLC Told You So WPI warned months ago (see "Farm Bill Rewrite," 13 October) that farmers would likely lean toward choosing the farm bill's Price Loss Coverage (PLC) option for risk protection and that this would blow up the law's budget forecast. Now the Congressional Budget Office (CBO) has issued a report echoing this prediction. The CBO estimates that only around a third of corn acres and even less of wheat will enroll in the Agriculture Risk Coverage (ARC) (shallow loss revenue coverage) program. Instead, most of these farmers will choose the high PLC guaranteed prices due to the outlook f...
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...
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.