Talk that Ukraine was trying to double its corn exports to China in the next year plus the strong U.S. dollar brought more fund selling to corn today. Meanwhile, there was mixed news out of South America about soybeans. General Comments It was a quiet night trading session that ended mixed this morning. A U.S. jobs report was better than expected and drove the U.S. dollar sharply higher. The U.S. dollar has now rallied 15 percent against the euro in the last six months. That strength seemed to give the funds more courage to sell wheat and corn to end the week. Soybeans also spent most of today lower but rallied at the close to finish about even. May soybean futures dropped about 40 cents for the week with May Chicago wheat down more than...
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.