Overnight trade in grain and soy futures was dominated by the U.S. dollar's climb to new heights, and the March WASDE released at noon (EDT) today did not do much to counter the currency's strength. General Comments Overnight trade in grain and soy futures was dominated by the U.S. dollar's climb to new heights. It reached an 11-year high versus the euro, thanks in no small part to the beginning of the European Central Bank's (ECB's) quantitative easing stimulus program that sent the Continent's interest rates to historic lows. Brazil's real continued to soften as well, providing an extra bonus to that country's soybean farmers as they push the harvest further ahead. It should have passed the 40 percent mark by now.Prices of many commodit...
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.
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...