It was a peaceful night session with corn and wheat showing very little change. Meanwhile, soybeans were 7-8 cents higher with meal up $2.00-3.00. Markets will probably be in idle mode until there are more developments on trade issues either with China or NAFTA. They seem to have factored in the worst-case trade scenario, especially regarding China. U.S. crop condition ratings should hold their excellent levels in Monday’s crop progress report. Extended forecasts are starting to look warmer and drier for late June through early July. There has been so much moisture across the Corn Belt and northern Plains that heat won’t hurt unless it persists for a long time. World weather is still price supportive. It has been hot and dry a...
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.