General Comments What would a market week be without a turnaround Tuesday, even if it falls on Wednesday due to the holiday on Monday? The fact that today it only involved the soy complex does not matter either, because it is the soy complex that commands the most attention and provides by far the most action (not measured by volume). Of course, it is also the source of the most volatility. In today's turnaround, soybean futures gave back yesterday's gains of 30 cents or so, plus a few pennies more. Similarly, December soymeal closed up about $15 yesterday and closed down about $16 today. Funds were prominent supporters of yesterday's rally in the complex and bought about 9,000 soybean contracts plus products. Fund managers must...
As predicted, the Federal Reserve held rates steady at the last meeting before the midterm elections, likely in part because of the election (see WPI 19 October and 22 September). The decision comes at the tail end of a midterm election cycle that has been marked by the two parties campaigning...
Key Takeaways: WPI’s new EU rapeseed crushing margin models point to weaker processing returns over the next four months due to higher rapeseed procurement costs and weaker product values. Statistical forecasts call for German crushing margins to decline from €181/MT to €...
Key Takeaways: The tariff burden rose sharply in 2025 and 2026: the effective rate on imports in HTS Chapters 1–24 increased from 1.53 percent in 2024 to 6.11 percent in 2025, before averaging 5.68 percent in January–August 2026. Headline rates tell only part of the story: exemptio...
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.