Today's USDA export sales report indicated U.S. exporters last week sold substantially more soybeans and soymeal than analysts surveyed by Reuters predicted.. StatsCan Sharply Increases Estimate of Canada's 2014 Canola Crop Statistics Canada today raised its estimate of the 2014 Canadian canola crop from 14.1 MMT to 15.555 MMT. That is 1 MMT greater than the average estimates of analysts queried by Reuters. The average yield this year is estimated at 34.4 bushels per acre versus 40 bushels in 2013. The crop is the second–largest in history behind last year's production of 17.966 MMT.StatsCan also raised its forecast for the 2014 Canadian soybean crop to 6.049 MMT. That is a new record for Canada after last year's 5.359 MMT. Manitoba's soy...
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...
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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.