Markets were relatively quiet Sunday night, but corn and soybeans turned decidedly weaker today to finish with big losses. Funds started this week long everything except soyoil. They’ve had these positions for quite some time and evidently decided that today was the time to either get out or at least trim the size of those long positions. There is a great deal happening on the world political scene with the summit in Singapore. In addition, the vibes from the G-7 meetings ae growing worse. Apparently, President Trump didn’t agree with much that happened there, and this has created more trade war “angst.” U.S. crop weather is good except across the southern Plains. Much of North Dakota received another shot of rain l...
What You Need to Know Today: Wheat futures pulled back sharply after Russian President Putin said there was a “chance” for peace and an agreement to end the war in Ukraine. There is plenty of skepticism about the opportunity for peace in Ukraine, but that didn’t stop wheat fr...
President Trump has opened the door to 100,000 MT of beef lean trimmings (limited to HTS codes 0201.30.5091, 0201.30.5097, 0202.30.5091, and 0202.30.5097) from countries listed under the “Other Countries” TRQ effective 1 September. These imports would not be subject to the over-quot...
Key Takeaways: CHS and OCP plan to invest up to $450 million in a Louisiana phosphate fertilizer facility capable of producing more than 1 MMT annually, marking the first new U.S. plant of its kind in more than 40 years. The facility could reduce U.S. dependence on imported finished phosphate...
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.