World Perspectives
feed-grains soy-oilseeds wheat

Market Commentary

General Comments There is not much to say about today's grain and soy markets except that wheat reacted to bearish numbers, and the other markets reacted to wheat. Outside influences were mixed and had no impact today. Stocks closed higher with the Dow up 79 points on faint signs of progress in avoiding the cliff, the dollar index was lower, and crude oil rose a modest $0.23. The Fed's FOMC starts a two-day meeting today from which no changes are expected.The 50-million-bushel cut in USDA's estimate of U.S. wheat exports for 2012/13 and the resulting increase in ending wheat supplies came as something of a surprise to long-leaning funds apparently, and they took it as a signal to bail out or at least reduce long positions. As we note bel...

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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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