A volatile week finished with a retreat in the soy complex, driven by rumors of China forcing a fund out of a long position on the Dalian exchange and farmer selling in Brazil, that led corn and wheat lower today. General Comments Markets were mixed overnight with soybeans again stronger and wheat and corn steady to lower. That pattern changed quickly this morning when the soy complex went from trading higher to trading sharply lower. Corn and wheat need a strong soy complex to hold their own these days and when the soy complex broke lower, corn and wheat concurrently lost more ground. There was a rumor the Chinese government might have forced a fund to exit its long positions in the Dalian market because they had exceeded their position...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
Key Takeaways: Texas illustrates the assumptions underlying the 2025 FMMO reform; Idaho exposes their limitations. The Southwest order blend (roughly 27 percent Class I, 32 percent Class III and 31 percent Class IV) exposes Texas producers to every lever USDA adjusted, with a near-neutral proj...
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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.