Large production increases and limited demand growth lead to enlarging stocks, and that is what is happening to world wheat supplies as well as those of the important competing exporting countries.On 18 December, the Chicago March wheat contract traded at a high of $6.565. The price has headed almost straight downhill since then. On the charts, futures market prices never move in straight lines. Since 18 December, however, the price decline of the lead contract in the principal U.S. wheat futures shows up on charts in just about as straight a line as futures market price action ever produces. At last look, Chicago March wheat was at $5.32, down almost $1.25 in less than a month. The pattern for KC hard red winter wheat futures has been near...
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...