GOOD MORNING, The markets were given life and new direction courtesy of an unexpected bullish corn and bean stocks report this week. Fundamental jolts that coincide with chart price action always bring the largest bang for the buck. Between Monday and Tuesday, funds probably covered in about 50K contracts of corn but still remain about 100K short. Better hedge pressure was noted out of the west on the rally, with mixed cash at the Gulf. Funds could be closer to even in beans. Beans have a bid courtesy of more rumored bean biz with China, as Chinese privately-owned crushers were rumored to buy another 15 cargoes of beans in deals that could total another 1 mmt. The October 10 WASDE report also co...
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.