GOOD MORNING, Futures were mixed overnight, with profit-taking in oilshare and corn prices drifting lower. Corn has become the sell leg again for spread activity as dictated by weaker chart price action. Futures continue to back and fill and stay in trading range territory in front of Friday's important January report. The major expectation is that the US yield and harvested acreage will see total production heading lower for both corn and beans, so the measure is by how much, not if. Quarterly Dec. 1 stocks will be released and are expected by the trade to be around 15% lower vs. a year ago. The trade is not expecting many changes for Brazil or Argentine crops, but Australian wheat crops will continue...
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.