World Perspectives
feed-grains

Corn Crude Comparison

The December corn contract rose 2.4 percent today and WTI Crude was up 1.7 percent. The corn price is rising in the middle of otherwise bearish indicators such as a potentially fruitful harvest and the lack of any recent strong demand indicators such as purchases by China.  Apparently, outside money is very bullish energy and the corn market provides a secondary approach to investing in it. The correlation between the two is positive, with an R-squared of .729506 over the past 35 years. However, the relationship oddly becomes weaker when looking from 2007 forward, the year that the ethanol mandate was significantly increased. The value of ethanol has also risen this year as vaccination rates rose along with road traffic. Analysts expe...

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Summary of Futures

Jul 25 Corn closed at $4.7025/bushel, down $0.13 from yesterday's close.  Jul 25 Wheat closed at $5.255/bushel, down $0.055 from yesterday's close.  Jul 25 Soybeans closed at $10.5275/bushel, down $0.0975 from yesterday's close.  Jul 25 Soymeal closed at $298.2/short ton, up $2.3...

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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.

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