USDA’s World Agriculture Supply and Demand Estimates (WASDE) report was released yesterday. The WASDE forecast corn exports for MY 2025-26 hitting a record high, topping the previous record of last year. The net change in the export forecast from a month ago was 125 million bushels, or a 4 percent increase. The impact on the USDA corn price projection was minimal as the greater flow of out of the U.S. is expected to reduce corn inventories at the end of the crop year, which are still expected to be burdensome given the record large crop being harvested this fall. The stocks to use ratio was pegged at 12.4 percent in the WASDE, compared to 13.3 percent last month. The availability of corn for livestock and poultry feed seem...
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.
Key Market Insights The broad market is locked in on this week’s Trump-Xi meeting in Beijing, but this is no longer just a trade summit. Increasingly, the meeting is becoming tied directly to Iran, energy security, and the growing global economic fallout from disruptions through the Strai...