The wheat market can’t break out of its narrow trading range of three months despite some positive world wheat fundamentals. The problem is that the pace of U.S. wheat export sales has not improved to reflect any of the crop problems among the other major wheat-exporting countries. Russia continues to be a major player, although it does seem to be losing its solid grip on markets like Egypt, which has purchased U.S. wheat in its past few tenders. While there have also been reports of tightening supplies at Russia’s major wheat export facilities, the government hasn’t said anything about restricting those shipments. A side story worth noting is that the winter wheat crop there wasn’t planted under very good conditions...
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.