Today was a breakout. The only market in the red at COB was soyoil. After wobbling narrowly up and down for days based on only minor news headlines, reports of weather troubles in wheat and demand for soy encouraged today’s more substantive market response. The viewpoint that China would not buy has turned into China is buying, and there are hints that sourcing from the U.S. is getting a good look from buyers. It even rallied the typically moribund livestock markets. The protest marches and looting have not had the impact on the market that some expected. Equities have raced higher and commodity futures have been blasé. James Mackintosh of the Wall Street Journal explains that it is difficult to trade civil disorder. A C...
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...