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feed-grains soy-oilseeds wheat

Market Commentary

Markets traded mostly steady overnight and until the USDA WASDE was released at noon (EDT) today. Both the 2018/19 revisions and the first look at 2019/20 were bearish for corn, wheat and soybeans. That initially sent corn and wheat futures down 5-6 cents, while soybeans dropped 1-2 cents. The important USDA numbers are highlighted in a separate analysis in today’s report. U.S. and world ending supplies of corn, wheat and soybeans are all projected to increase in the new marketing year IF production estimates prove to be accurate. The other news was that the latest round of trade talks between the U.S. and China ended with no agreement. The U.S. did implement the additional tariffs promised earlier this week. President Trump tweeted...

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feed-grains soy-oilseeds wheat

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livestock

Livestock Industry Margins

Beef packer margins fell $68/head last week and marked the third straight week of declines to end near -$220, which is back among the worst margins in the past decade. The culprit for weaker margins was an $6/cwt pullback in the Choice cutout and broader beef markets while fed cattle prices ral...

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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.

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