China to Begin Auctions of Soybeans from State Reserves China’s National Grain Trade Center today announced the government will begin its auctions of soybeans from state reserves on 14 June. The first auction will offer 300,000 MT from the 2012 and 2013 crops with the minimum acceptable price at 3,000 yuan/MT ($469.38/MT or $12.78/bushel). China does not report the total volume held in its state reserves or the amount it will offer during these auctions, which are typically conducted during the summer after farmers have marketed most of their previous crop and before the new crop is harvested. It will be interested to see how much interest there will be for soybeans that have been in storage for almost four or five years. S...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
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.