Renewed short covering helped grain and soy markets to recover overnight losses and move modestly higher, a pretty apt description of the price action throughout the day session. This is the first three-day stock market rally so far in 2016. General Comments Grain and soy futures prices, soyoil excepted, eased back from Tuesday’s closes into small losses with the main feature being simply a lack of buying interest amid rather quiet overnight trade. Outside markets were mostly supportive with the U.S. dollar slightly lower and crude oil higher. Asian stock markets firmed, and Dow futures posted further gains. Malaysian palm oil futures jumped higher, which along with higher crude oil prices kept soyoil futures prices in the green.However,...
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.