Early 2015 world wheat production estimates had been hovering near the record levels of the previous two years. Now a number of recent issues have pushed wheat prices sharply higher.Corn and soybeans seem to receive most of the market press and chatter, while the wheat market is an afterthought to most analysts. There are many reasons why. First and foremost, corn is corn and soybeans are soybeans. However, there are six distinctly different classes of wheat in the U.S. that have different grading factors and different end uses. In addition, there are non-grade elements that can have a profound effect on wheat values. These include protein, falling numbers, etc. There are also three wheat futures markets in the U.S. alone: Chicago (soft red...
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...