With the June Grain Stocks report now in the rear-view mirror and having offered USDA’s somewhat final (there is always the possibility of revisions) assessment of ending stocks for the 2024/25 crop, WPI offers the following outlook for the U.S. and global wheat markets. We specifically focus here on forecasting the quarterly wheat balance sheet and quarterly ending stocks, which have a strong correlation to the futures and cash price at the end of each quarter. Briefly, our outlook calls for a weaker pricing environment in Q1, followed by steady flat price and basis improvement that should offer substantial returns to storage. To start with, WPI’s 2025/26 balance sheet forecast is a little more bearish than USDA’s l...
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.