It is tough to have a corn or soybean rally in June when temperatures are below normal and there is at least some precipitation in the forecast. Wheat, led by the Minneapolis spring wheat contract, has been the only game in town for the bulls. General Comments It is tough to have a corn or soybean rally in June when temperatures are below normal and there is at least some precipitation in the forecast. That was the case this week, and the cool forecast is expected to hold into next week. Corn lost about 20 cents this week with soybeans down 35 cents. Wheat, led by the Minneapolis spring wheat contract, has been the only game in town for the bulls. That will likely be the case for a while with little rain in the northern Pplains forecast.T...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
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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.