Wheat The Argentine government's intervention made a mess of the 2012/13 wheat campaign. Production was lower than expected and the crop's quality was a surprise. As a result, the government decided to remove some previously approved export licenses, leaving big traders short licenses and long FAS. Exporters covering their short positions in the FOB market are paying unbelievable prices.For the 2013/14 campaign the government decided to release all export licenses beforehand in order to encourage farmers to switch from planting barley to wheat. Despite this, the FOB market remains completely unspoken for. There are a few reasons why. Farmers have not yet begun to plant wheat, so the expected production remains uncertain. Traders are not...
What You Need to Know Today: Cattle futures extended their sharp selloff Friday as weakening cash cattle prices, deteriorating feedlot profitability, and reduced packer demand continued to weigh on the market. The inability of futures to sustain a rally following last week's bullish Cattle on...
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.