The CBOT opened mixed today with corn and soyoil posting new contract lows amid continued short selling. Commercial demand for wheat pulled that commodity higher and brought in buy wheat/sell corn spread trade. Commercial pricing in corn and the soy complex was notable today as bargain buying continues to develop. One interesting development this week is that each commodity market is increasingly trading its own (widely divergent) fundamentals. The major commodities all have different “stories” unfolding and pulling them in different directions. Spread trades are becoming a favorite, consequently, and that trend looks to continue for some time. Coronavirus impacts continue to mount, with the U.S. and Canada closing their...
Veterans Day offers a moment to pause and recognize the people behind the uniform. To all who have served and the families who have supported them, thank you for your dedication, courage and sacrifice. Markets had plenty of headlines to digest today, and grains offered some encouraging follow-t...
Key Takeaways: The recent pullback in crude oil and other energy markets has left many in the ag and biofuels communities wondering what it means for ethanol and biodiesel prices and profit margins. WPI’s research indicates a weak but still significant link between ethanol and crud...
Key Takeaways: Alabama and Louisiana have requested partial waivers of 2027 Renewable Fuel Standard (RFS) requirements, arguing that rising compliance costs are contributing to higher fuel prices and economic hardship. Louisiana Governor Jeff Landry is encouraging neighboring states to join th...
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.