Any bullish impact from USDA's higher 2014/15 soybean export estimate and lower soybean carryout was swept away by Conab's forecast that Brazil's soybean crop would reach a record 95.8 MMT. General Comments As expected, USDA's December WASDE, while interesting as always, offered very little by way of fresh direction for grain and soy markets. The only surprise (and a minor one at that) was that estimated U.S. soybean exports for 2014/15 were raised 40 million bushels. An increase more like 20-25 million bushels had been expected. With no other changes to the 2014/15 U.S. soybean supply/demand estimates, projected ending stocks were lowered 40 million bushels to 410 million bushels. That would still be the largest U.S. soybean carryout in...
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.