GOOD MORNING, Macro markets are front and center stage again, with the big story that of sharply lower crude oil, which sinks to $27.34/barrel in the PM session as the US dollar drops to 94.72. The inability of oil producers to agree on a cutback is adding worry to already weakened markets, as over-supply concerns continue. Demand for energy is falling as people cut back on travel. Palm oil prices were sharply lower following crude and Asian markets. Though all prices are lower in the soy complex, it is sharply lower oilshare that is the key feature, as meal falls but soyoil prices drop even more due to the plunge in crude. Global markets are sharply lower starting with Tokyo, which was down 6.2% and Ho...
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: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...