CBOT grains and livestock markets were mostly higher today with short covering the dominant theme in corn. Wheat futures sold off early in the day but found short covering support as well as some long buying interest in HRW futures while the soy complex was weaker for most of the day with soymeal unable to breach recent resistance. The U.S. weather forecast features cold temperatures for most of the East Coast and eastern portions of the Midwest through the weekend and into next week with a gradual warming trend developing thereafter. Precipitation will be a dominant feature this week and next that will slow planting progress for the Ohio Valley as well as the Dakotas/Minnesota/Wisconsin. The long term forecast into early summer feat...
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: Traders are increasingly focused on next Wednesday’s August WASDE report, with corn and soybean yield estimates expected to drive the next major move in grain markets. Recent crop condition declines and late-July heat have increased uncertainty around USDA&rs...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
Key Takeaways: WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly ele...