Grain and soy futures trade was rather dull with low volume overnight and again during the day session. Prices traded on both sides of Monday’s closes in narrow trading ranges. The result was that wheat closed higher for the fourth day in a row. General Comments Concerns about China’s economy were back again overnight as the Shanghai Index fell 6.4 percent to its lowest level in over a year. This occurred amid signs that the Chinese government and central bank officials are at a loss as to what they should do in terms of further efforts to stimulate the economy. Previous steps have had little success, and there is considerable skepticism that more of the same would produce better results. China’s situation was further clouded by a report...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
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.