USDA announced additional export sales of corn and soybeans today, but the market paid scant attention to those announcements. Instead, the focus continues to be on the potential size of the U.S. corn and soybean crops. General Comments Corn, wheat and soybean markets all set new contract lows today with double digit losses in wheat and soybeans and moderate losses in corn. Trading volume continued to be light to moderate. The USDA did announce additional export sales of corn and soybeans, but the market paid scant attention to those announcements. Instead, the focus continues to be on the potential size of the U.S. corn and soybean crops. The market is also watching the dollar go straight up every day and trying to assess its impact on U...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
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.