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Market Commentary

General Comments Note: As a result of the government shutdown, most, if not all, of USDA's regular reports will be suspended until the shutdown ends. This includes Thursday's regular weekly export sales report and weekly crop and harvest progress reports. The scheduled October WASDE on 11 October remains in question.International FC Stone released its October production estimates late yesterday. It raised its previous soybean yield estimate .2 bushels/acre to 41.4 bushels/acre and put soybean production at near 3.15 billion bushels. We reckon that trade consensus is building toward a slightly larger yield based on optimistic reports from producers. A yield of 42 bushels/acre is becoming a popular number. Stone's corn yield is a very ge...

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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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